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world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for …This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for … developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on …
Persistent link: https://www.econbiz.de/10010323529
the relationship between firm size, total factor productivity growth and financial structure in China, controlling for the … financing source matters for firm growth is greater for small firms than big firms. Self-raised finance appears to be most … size, finance and growth also depends on ownership. In addition, there exist strong complementarities between formal and …
Persistent link: https://www.econbiz.de/10010273480
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
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
Since the late 1980s, Israel has been undergoing a profound transformation, characterized by reconciliation with its Arab neighbours and attempts to reintegrate into the regional economy, a transition from a militarized economy to open markets, and a decline of the collectivist ethos in favour...
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