Showing 1 - 10 of 536
Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many theoretical developments that underpin key determinants of savings behavior, many of which merit empirical investigation. Understanding the dynamics of the determinants of savings...
Persistent link: https://www.econbiz.de/10012959137
This paper discusses the evolution of the Egyptian banking sector and the main trends in financial development in the Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and economic growth in Egypt between 1980 and 2016. It...
Persistent link: https://www.econbiz.de/10012859532
factor productivity growth. The paper also documents a positive impact of trade openness on the relationship between exchange …
Persistent link: https://www.econbiz.de/10012912272
This paper examines productivity growth in Romania using balance sheet data for a census of Romanian firms in 2011 …-17. Three measures of productivity are estimated: labor productivity, revenue total factor productivity, and revenue total … factor productivity adjusted for markups. Drawing from these measures, the paper follows a two-step approach to answer two …
Persistent link: https://www.econbiz.de/10012859492
Across the world, supply for financial services rarely matches the demand, given multiple market frictions. This paper discusses the concept of the financial possibilities frontier as a constrained optimum to categorize different problems of shallow financial markets or unsustainable expansion....
Persistent link: https://www.econbiz.de/10012973979
With extensive country and firm-level data sets, this paper first documents that the financial sectors of most Sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. The paper also finds that population density appears to be considerably...
Persistent link: https://www.econbiz.de/10012974025
The paper documents the major trends in financial development in Latin America and the Caribbean since the early 1990s. The paper compares trends in Latin America and the Caribbean with those in Asia, Eastern Europe, and advanced countries and compares countries within Latin America and the...
Persistent link: https://www.econbiz.de/10012974057
This paper combines firm-level data from 89 countries with updated country-level data on financial structure, and uses two estimation approaches. It finds that in low-income countries, labor growth is swifter in countries with a higher level of private credit/gross domestic product; the positive...
Persistent link: https://www.econbiz.de/10012975631
This paper examines the evolving importance of banks and securities markets during the process of economic development. As economies develop, they increase their demand for the services provided by securities markets relative to those provided by banks, such that securities markets become...
Persistent link: https://www.econbiz.de/10012975752
This paper investigates the link between export survival of agri-food products and financial development. It tests the hypothesis that financial development differentially affects the survival of exports across products based on their need of external finance. The authors test whether exports of...
Persistent link: https://www.econbiz.de/10012976026