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Financial markets and economic growth in Poland : simulations with an econometric model

Wdowiński, Piotr - 2005

In this paper we present simulations of economic performance of the Polish economy based on a quarterly econometric model. The model consists of 22 stochastic equations, which link the financial market with the real economy. The purpose of the research is to present effects of changes to...

Persistent link: https://www.econbiz.de/10010277058

Schumpeterian Innovation, Market Structure and the Stability of Industrial Development

Eliasson, Gunnar - 1986

Persistent link: https://www.econbiz.de/10010335154

What do we know about pro-poor growth and regional poverty in Nigeria?

Ichoku, Hyacinth Eme; Agu, Chukwuma; Ataguba, John Ele-Ojo - In: International Journal of Economic Sciences and Applied … 5 (2012) 3, pp. 147-172

This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and … 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate … need for smaller family size has to be an integral part of policy aimed at poverty reduction in Nigeria. The support of the …

Persistent link: https://www.econbiz.de/10011310239

Finance for growth: does a balanced financial structure matter?

Cuadro-Sáez, Lucía; García-Herrero, Alicia - 2007

In this paper we explore empirically a long-standing question in the literature on finance for growth, namely whether the financial structure -in terms of the size of the banking system relative to the capital market- matters for economic growth. We build upon the existing literature by...

Persistent link: https://www.econbiz.de/10010264897

Weird ties? Growth, cycles and firm dynamics in an agent-based model with financial-market imperfections

Napoletano, Mauro; Delli Gatti, Domenico; Fagiolo, Giorgio - 2005

This paper studies how the interplay between technological shocks and financial variables shapes the properties of macroeconomic dynamics. Most of the existing literature has based the analysis of aggregate macroeconomic regularities on the representative agent hypothesis (RAH). However, recent...

Persistent link: https://www.econbiz.de/10010328512

Two to tangle: financial development, political instability and economic growth in Argentina (1896 - 2000)

Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin - 2008

This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...

Persistent link: https://www.econbiz.de/10010268984

Market concentration, firm size and innovative activity: A firm-level economic analysis of selected Indian industries under economic liberalization

Subodh, Kandamuthan - 2002

The economic liberalization in India was expected to boost the economy, particularly the industrial sector through faster technological development. The Schumpeterian hypothesis, which studies the relationship between market structure variables such as firm size and market concentration and...

Persistent link: https://www.econbiz.de/10010279155

Trade openness, market competition, and inflation: Some sectoral evidence from OECD countries

Binici, Mahir; Cheung, Yin-Wong; Lai, Kon S. - 2011

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account...

Persistent link: https://www.econbiz.de/10010280812

Asymmetric information and the market structure of the venture capital industry

Hyytinen, Ari; Toivanen, Otto - 2001

In this paper we study a horizontally differentiated market for financial in-termediation and develop a simple explanation for concentration in the financial intermediation industry. We show that under asymmetric information, if the demand for funds is not perfectly elastic, the heterogeneity of...

Persistent link: https://www.econbiz.de/10010284895

Subsidies for renewable energies in the presence of learning effects and market power

Reichenbach, Johanna; Requate, Till - 2011

We study the impact of learning by doing, learning spill-overs, and imperfect competition in a model with two types of electricity producers, an oligopolistic sector of polluting fossil-fuel utilities and a competitive fringe of non-polluting generators of electricity from renewable energy...

Persistent link: https://www.econbiz.de/10010285489