Showing 1 - 10 of 94
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that … account openness has a robust positive effect on TFP growth. The effect of de facto financial integration on TFP growth is …
Persistent link: https://www.econbiz.de/10012720469
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that … account openness has a robust positive effect on TFP growth. The effect of de facto financial integration on TFP growth is …
Persistent link: https://www.econbiz.de/10013325040
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that … account openness has a robust positive effect on TFP growth. The effect of de facto financial integration on TFP growth is …
Persistent link: https://www.econbiz.de/10005822435
as conventional wisdom that output volatility and growth are negatively correlated. We reexamine this relationship in the … negative association between growth and volatility has been preserved during the 1990s, both trade and financial integration … ; macroeconomic volatility and growth …
Persistent link: https://www.econbiz.de/10003464194
as conventional wisdom - that output volatility and growth are negatively correlated. We reexamine this relationship in … basic negative association between growth and volatility has been preserved during the 1990s, both trade and financial … interaction between volatility and trade integration is significantly positive. We find a similar, although less significant …
Persistent link: https://www.econbiz.de/10013318610
-sectional relationship between growth and macroeconomic volatility over the past four decades. We also document that while there has … generally been a negative relationship between volatility and growth during this period, the nature of this relationship has … after trade and financial liberalizations. In addition, our results show that volatility stemming from the main components …
Persistent link: https://www.econbiz.de/10008751549
This paper studies the welfare implications of revenue-neutral trade liberalization and fiscal reform programs for developing economies using a multi-sector dynamic general equilibrium model of a small open economy. We analyze how different combinations of tariffs – on imported consumption...
Persistent link: https://www.econbiz.de/10010738186
as conventional wisdom that output volatility and growth are negatively correlated. We reexamine this relationship in the … negative association between growth and volatility has been preserved during the 1990s, both trade and financial integration … volatility and trade integration is significantly positive. We find a similar, although less significant, result for the …
Persistent link: https://www.econbiz.de/10010268058
during periods of high business cycle volatility. Four main findings are reported. First, in theory, the cyclical behavior of … episodes of sharp business cycle volatility, such as those associated with sudden stops and financial crises. Finally …
Persistent link: https://www.econbiz.de/10011696298
during periods of high business cycle volatility. Four main findings are reported. First, in theory, the cyclical behavior of … episodes of sharp business cycle volatility, such as those associated with sudden stops and financial crises. Finally …
Persistent link: https://www.econbiz.de/10011453670