Showing 1 - 10 of 34,480
We investigate the key macroeconomic and institutional determinants of fundraising and investment activities and compare them across Europe, covering 13 Central and Eastern European (CEE) and 16 Western European (WE) countries. Five macroeconomic variables and nineteen institutional variables...
Persistent link: https://www.econbiz.de/10014494937
Using a unique district-level panel data set, we investigate the effect of banking system penetration on financial inclusion in Ghana. To purge potential endogeneity bias in the underlying relationship, we exploit a change in the policy environment of the Ghanaian banking system to instrument...
Persistent link: https://www.econbiz.de/10012651145
In this paper, we implement Granger causalty tests using panel data as methodology perfected by Hurlin (2004, 2005) and Hurlin and Venet(2004). We consider the bilateral trade patterns of the European Union with 17 countries over the period 1976-2000. We show that for the whole sample, there are...
Persistent link: https://www.econbiz.de/10008520054
Using a unique district-level panel data set, we investigate the effect of banking system penetration on financial inclusion in Ghana. To purge potential endogeneity bias in the underlying relationship, we exploit a change in the policy environment of the Ghanaian banking system to instrument...
Persistent link: https://www.econbiz.de/10012509932
The study investigates the competitive conditions and profitability drivers of commercial banks in MENA region in the context of Panzar-Rosse model. It is the first study of its kind that examines a large sample of MENA banks (149 banks) for an extensive period (1999-2012) during an era of...
Persistent link: https://www.econbiz.de/10012936648
We investigate the key macroeconomic and institutional determinants of fundraising and investment activities and compare them across Europe, covering 13 Central and Eastern European (CEE) and 16 Western European (WE) countries. Five macroeconomic variables and nineteen institutional variables...
Persistent link: https://www.econbiz.de/10014286833
In this paper we examined the impact of the liberalization of financial sector on growth in small open economy of Ghana using time series data from 1970 to 2007. Using autoregressive distributed lag (ARDL) modelling approach we find long-run positive and significant impact of financial...
Persistent link: https://www.econbiz.de/10014210241
We provide the first cross-country evidence of the effect of investment by privateequity firms on innovation, focusing on a sample of European countries and usingKortum and Lerner’s (2000) empirical methodology. Using an 18-country panelcovering the period 1991-2004, we study how private...
Persistent link: https://www.econbiz.de/10005866520
The objective of the study was to determine if a policy of preference for the domestic public debt market influences the development of the respective national financial system. This research finds that such influence does exist. Using panel data techniques, the causal relationship between the...
Persistent link: https://www.econbiz.de/10015213501
In this paper, we analyze the relationship between international financial integration and macroeconomic volatility. Looking at a panel of 90 countries over the period 1960-2000, we find that domestic financial conditions matter when assessing the impact of financial integration on consumption...
Persistent link: https://www.econbiz.de/10015215251