Narrow search
Showing 1 - 10 of 48
Cover Image
Stock Market and Economic Growth in China
Wang, Baotai; Ajit, D. - EcoMod Network - 2013
This study investigates the impact of stock market development on economic growth in China. To this end, the quarterly data from 1996 to 2011 are used and the empirical investigation is conducted within the unit root and the cointegration framework. The results show that the relationship between...
Persistent link: https://www.econbiz.de/10010886702
Cover Image
The validity of Wagner’s Law in United Kingdom for the period 1850-2010.
Paparas, Dimitrios; Richter, Christian; Paparas, Dimitrios - EcoMod Network - 2012
The relationship between national income and government spending is one of the most debated topics between economists and policy makers during the last decades. The objective of this paper is to examine the Wagner’s law validity, and if it can be applied in the U.K. public spending expansion...
Persistent link: https://www.econbiz.de/10010902583
Cover Image
Explaining the China Puzzle: High Growth and Low Volatility in the Absence of Healthy Financial Institutions
Wu, Harry X.; Shea, Esther Y.P. - EcoMod Network - 2011
This study is motivated by the China puzzle: the very impressive post-reform growth with relatively low aggregate volatility in the absence of healthy financial institutions by international standards. We argue that political economy constraints on the reform process have made China‟s...
Persistent link: https://www.econbiz.de/10010902781
Cover Image
Finance For Growth and Policy Options for Emerging and Developing Economies: The Case of Nigeria
Olayiwola, Wumi; Okodua, Henry; Osabuohien, Evans S. - In: Asian Development Policy Review 2 (2014) 2, pp. 20-38
Finance is generally regarded as important for economic growth, but the role of finance in economic growth is a … controversial issue in the economic literature. The concept of ?finance for growth? refocuses the relationship between finance and … economic growth by redirecting the role of government policies in finance, and recognizes how finance without frontiers is …
Persistent link: https://www.econbiz.de/10010949096
Cover Image
Poolability and the finance-growth nexus: a cautionary note
Schiavo, Stefano; Vaona, Andrea - Sciences économiques, Sciences Po - 2006
The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.
Persistent link: https://www.econbiz.de/10010929064
Cover Image
Regional Evidence on the Finance-Growth Nexus
Vaona, Andrea - Dipartimento di Scienze Economiche, Facoltà di Economia - 2005
The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …
Persistent link: https://www.econbiz.de/10011265760
Cover Image
Crédito, producto y eficiencia en la producción de crecimiento
Ferro, Gustavo; Antón Rodríguez, Martín - Volkswirtschaftliche Fakultät, … - 2007
The literature highlights the role of finance in growth. There is evidence on the connection (correlation and … causalities) between deeper finance (banking and non banking) and growth. We ask if some countries achieve better results, in … terms of growth, with comparable levels of finance. To answer the question we construct a best practices frontier, where we …
Persistent link: https://www.econbiz.de/10005014740
Cover Image
A Short-run Schumpeterian Trip to Embryonic African Monetary Zones
Asongu, Simplice A - In: Economics Bulletin 33 (2013) 1, pp. 859-873
With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...
Persistent link: https://www.econbiz.de/10010835849
Cover Image
Technology parks and entrepreneurial outcomes around the world
Cumming, Douglas; Johan, Sofia - In: International Journal of Managerial Finance 4 (2013) SEptember, pp. 279-279
Purpose – The purpose of this paper is to study factors that affect the success of technology parks in terms of fostering entrepreneurial firm formation, growth, and financing. Design/methodology/approach – Based on a new international dataset of technology parks (tech parks) from 13...
Persistent link: https://www.econbiz.de/10010814596
Cover Image
Poolability and the finance-growth nexus: a cautionary note
Vaona, Andrea; Schiavo, Stefano - Department of Economics, Sciences économiques - 2006
The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.
Persistent link: https://www.econbiz.de/10010756921