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The aim of this paper is to find which of two theories of capital structure - trade-off theory or pecking order theory - best explains the capital structure decision of non-state firms during the post-transition process in Viet Nam. We also investigate the effect of human capital, institutional...
Persistent link: https://www.econbiz.de/10011943873
, experience a surge of 7.99 per cent in the average rate of sales growth. Corporate resilience to financial constraints occasioned … countries strive to develop their financial sector to fund economic activity and growth, they need to facilitate a business …
Persistent link: https://www.econbiz.de/10012651149
financial reform, the predicted growth benefits have not been realised in this region. …
Persistent link: https://www.econbiz.de/10010319844
Agricultural development is facing great challenges in meeting global food security and is expected to face even greater difficulties under climate change. The overall goal of this paper is to examine how foreign aid in particular can be used to achieve the joint objectives of development,...
Persistent link: https://www.econbiz.de/10010319898
Utilizing the stochastic frontier approach, this study conducts a comparative analysis of profit efficiency and cost inefficiency of commercial banks operating in 29 sub-Saharan African (SSA) countries by bank ownership (domestic bank, SSA foreign bank or non-SSA foreign bank), as well as by the...
Persistent link: https://www.econbiz.de/10010280259
We introduce two separate datasets - the Global Consumption Dataset and the Global Income Dataset - containing an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The benchmark version of the dataset presents estimates in...
Persistent link: https://www.econbiz.de/10011418574
Ghana is relatively rare among Sub-Saharan African countries in having had sustained positive growth every year since … the mid-1980s. This paper analyses the nature of the growth and then presents an analysis of the evolution of both …-monetary outcomes, remains an important concern. This increase in inequality is one reason why growth has not led to faster poverty …
Persistent link: https://www.econbiz.de/10011418585
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …
Persistent link: https://www.econbiz.de/10011418593
After many years of relatively slow growth, Tanzania's national accounts data report accelerated aggregate growth since … around 2000. Our analysis shows that there has been somewhat slower growth in private consumption and in sectors such as …
Persistent link: https://www.econbiz.de/10011418641
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10011418642