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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
This article examines the impact of the developments in the financial sector on economic growth in India in the post … growth. The model was then estimated using quarterly data for the period 1993 to 2005 for India, using the techniques of … stock market development would play an important role in enhancing economic growth in India. On the contrary, reform …
Persistent link: https://www.econbiz.de/10011135960
This article considers savings, investment and economic growth for India using annual time series data for the period … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …-Weil hypothesis, the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is …
Persistent link: https://www.econbiz.de/10010784316
With the advent of WTO, India entered into the era of trade reforms in 1991 and is moving gradually towards an open …, is to address the export/import-led growth and growth-driven export/import hypotheses for India. In spite of some …. A possible reason for the results is the favourable trade environment of India. …
Persistent link: https://www.econbiz.de/10010615388
The purpose of preliminary is to present a broad agenda of theoretical and empirical modeling about the fundamental links between the quality of governance, financial development and economic development. The main theoretical predictions and evidence are of a large importance in terms of...
Persistent link: https://www.econbiz.de/10011112584
paper empirically assesses the impact of debt relief on growth and investment by examining two potential mechanisms. The … and 2004, this study shows that debt relief did not affect growth directly or through capital investment. …
Persistent link: https://www.econbiz.de/10005771074
was due in large part to macroeconomic volatility that depressed private investment and growth. Using cross-sectional data … investment rates, both of which were negatively effected by volatility (in terms of trade, real exchange rate, and public …
Persistent link: https://www.econbiz.de/10005617087
A standard argument of the advocates of unrestricted capital flows is that they boost a small country’s growth by increasing the efficiency of the allocated capital. In this paper I examine the nexus between capital flows and real growth for the Greek economy during the period 1980-2000. Such...
Persistent link: https://www.econbiz.de/10009372597
The present study tries to understand the trends and determinants of economic growth in Indian states. For this, it considers two important determinants such as infrastructure and financial development. With the help of panel time series models, the study concludes that although both the...
Persistent link: https://www.econbiz.de/10005087527
In a recent study, Chami et al. (2003) suggested that remittances can have a negative impact on;economic growth of the receiving country by diminishing the work effort of the migrants' relatives.;Subsequently, Giuliano and Ruiz-Arranz (2009) found that this moral hazard effect emerges only;when...
Persistent link: https://www.econbiz.de/10008512545