Showing 1 - 10 of 1,638
In this paper we investigate the role of financial development, or more widespread access to all sorts of finance, in … generating economic growth in four Latin American countries between 1980 and 2007. The results, based on panel time-series data … and analysis, confirm the Schumpeterian prediction which suggests that finance authorises the entrepreneur to invest in …
Persistent link: https://www.econbiz.de/10010305619
.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on … constraints impede small business growth prior to loan receipt. We also investigate the variation in estimated employment effects …
Persistent link: https://www.econbiz.de/10011307476
services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …
Persistent link: https://www.econbiz.de/10011390792
. Studies that do not address endogeneity tend to overstate the effect of finance on growth. While the effect seems to be weaker …We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken … economic growth than other financial intermediaries. We find no evidence of publication bias in the literature. …
Persistent link: https://www.econbiz.de/10010322263
developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on …. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … migration. The essential question is whether, in times to come, these four countries could be the new engines of growth for the …
Persistent link: https://www.econbiz.de/10010323529
popular belief in neoliberal globalization, peace dividends, fiscal conservatism and sound finance that dominated the 1980s … some measure of growth and stability, depth thrives on ‘accumulation through crisis.’ The past twenty years were dominated …
Persistent link: https://www.econbiz.de/10011644556
The paper offers a new approach for analysing capitalist development and crisis, tying together mergers and acquisitions, stagflation and globalization as integral facets of accumulation. The framework builds on the concept of differential accumulation, emphasizing the power drive by dominant...
Persistent link: https://www.econbiz.de/10011644558
order to survive, the large Israeli corporations must substitute outward expansion for the old protectionism of a …
Persistent link: https://www.econbiz.de/10011644560
This is the second in a series of two articles looking into the interaction between differential capital accumulation and Middle East “energy conflicts.” Examining the historical record since the late 1960s, we find US policies to have been increasingly consistent with the coinciding...
Persistent link: https://www.econbiz.de/10011644562
This paper offers a new approach to the political economy of armament, focusing on the relationship between military spending and differential accumulation in mature capitalist economies. Applied to the “model” case of Israel, our analysis suggests that the militarization of Israel’s...
Persistent link: https://www.econbiz.de/10011644563