I analyze output growth, volatility, and skewness as the joint outcomes of financial openness. Using an industry panel … of 53 countries over 45 years, I find that financial openness increases simultaneously mean growth and the negative … skewness of the growth process. The increase in output skewness appears to come from a more negatively skewed distribution of …

development of the Swiss economy in the nineteenth and twentieth century. We describe how Switzerland evolved from a relatively … markets as well as a high degree of competition were crucial for the development of the Swiss economy. In addition, the Swiss …

economic growth. This research has relied on a variety of econometric techniques applied to large cross-country data sets …. Although the documented positive effects of both RER competitiveness and stability on growth appear to be robust, it is still …: the financial globalization channel and the tradable-led growth channel. I conclude that since these mechanisms are not …

also the practical experience over the past 15 years demonstrates that faster economic growth, and hence also more broadly …, socioeconomic development, is attained by those countries which take greater care to foster the institutional reinforcement of … growth. Another indispensable component is an appropriately designed and implemented economic policy which must not confuse …

The paper empirically examines the differential effects of trade on economic growth and investment based on cross …-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the … impacted economic growth in developed and developing countries, its effect is insignificant for least developed countries (LDCs …

In this study, we look at the relationship between export stability, investment and economic growth in nine Asian … find a negative relationship between export instability and economic growth. For (South) Korea, Myanmar, Pakistan and … growth is found to be positively associated with domestic investment. …

This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal …-run economic growth. However, it spurs employment and road freight by stimulating intermodal transport. …

in 2022 with regard to these two cycles. To this end, we will first outline the recent development of the two cycles and …

The paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the … evidence is rather mixed, as no robust relationship between FDI and income growth has been established. We argue that countries … comprehensive data set for regulations, we test this hypothesis and find evidence that excessive regulations restrict growth through …