The crux of the present article is that if corporations (as bank clients) are profitable in a globalised economic environment and there are no barriers to entrepreneurship, banks (as lenders to these corporations) are expected to be profitable too. Thus, our proposed model is a link between...

In the present paper an attempt has been made to estimate how political stability affects economic growth. This analysis refers to the three economic poles (EU, Japan and the United States) for the period (1998-2013). The findings of present model are in agreement with (Alberto et al., 1996; Aisen...

In the present paper through an econometric analysis author will attempt to show two things. First, that State Governance Efficiency increases at a slower pace than the increase of public sector. Second, that Governance Efficiency has a positive impact on economic growth. In other words, it is...

In the present paper an empirical analysis will point out that Government Debt as a percentage of GDP has a negative impact on the Italian economy regarding economic growth. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means of the Eviews software package

In the present paper an empirical analysis will point out tourism has a positive impact on economic growth, thus supporting the findings of (Sequeira and Campos, 2005). The sample covers Western Europe. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means...

In the present paper an empirical analysis with panel data will point out that a Federal System fosters economic growth even during the period of world economic crisis in which technology does not matter economic growth wise. Our sample covers many advanced economies during the period 2005-2011....

In the present paper author through an empirical analysis with panel data will point out that there is a critical level of health expenditure (% GDP) beyond which economic growth starts rising. Health expenditure (% GDP) is taken from OECD, the rest from Eurostat. The elaboration of these panel...

In the present paper an econometric analysis will point out that oil dependence is not an obstacle for economic growth. The balanced panel covers the annual period 2000-2012 and includes the following countries: Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy,...

In this paper it is pointed out that economic freedom, globalization and entrepreneurial caliber foster economic growth. Thus, policy makers should bear in mind that entrepreneurship should not face obstacles, which hinder the realization of business investments. Data are taken from World...

In the present paper author through an empirical analysis with panel data will estimate the impact of government education spending (all levels of education) on unemployment rate reduction (all levels of training) vs the impact of real GDP growth. It will be pointed out that government education...