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political fractures. Aside from resolving political conflicts, improved governance in the region will also be necessary. In …
Persistent link: https://www.econbiz.de/10012100229
This inquiry was inspired by the quest to examine the interaction effects of economic globalization and governance on … and governance exerted a positive and statistically significant long-run impact on Nigeria's economic performance …. Consequently, the interaction between economic globalization and governance had a positive and significant long-run effect on the …
Persistent link: https://www.econbiz.de/10014447246
This study aims to examine the impact of good governance on economic growth in the context of Saudi Arabia. Based on … index, and worldwide governance indicators were used as governance parameters in this study. The Saudi Arabian economy has … captures the broader governance framework and its impact on economic performance from macro perspective. Considering this as a …
Persistent link: https://www.econbiz.de/10014505567
This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a...
Persistent link: https://www.econbiz.de/10010291868
This paper challenges the conventional view according to which disinflations in LAC-even from low and moderate peaks-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation inertia when measuring costs of disinflations,...
Persistent link: https://www.econbiz.de/10010293509
This paper presents a simple North-South model of endogenous growth, based on learning by doing, which is consistent with the following empirical observations: (i) the price of investment goods relative to consumption goods has been falling for the last 40 years in most industrialized countries,...
Persistent link: https://www.econbiz.de/10010294517
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10010294524
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach and that it is best estimated with Blundell and Bond’s (1999) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement...
Persistent link: https://www.econbiz.de/10010294545
The most fundamental proposition about growth and competition is that there is a tradeoff between static welfare and long-term growth. This paper reconsiders this basic proposition in an increasing product variety endogenous growth model with competitive markets for 'old' innovative products and...
Persistent link: https://www.econbiz.de/10010294630
During the last year, the research field of spatial economic has rapidly increased. There is consensus that the economic performance of a region depends not only on its own potential, but also on the development of their neighbouring regions. Knowledge spillovers, which are non constant over...
Persistent link: https://www.econbiz.de/10010294691