Narrow search
Showing 1 - 10 of 4,192
Cover Image
What determines top income shares? Evidence from the twentieth century
Roine, Jesper; Vlachos, Jonas; Waldenström, Daniel - 2007
This paper studies determinants of income inequality using a newly assembled panel of 16 countries over the entire twentieth century. We focus on three groups of income earners: the rich (P99-100), the upper middle class (P90-99), and the rest of the population (P0-90). The results show that...
Persistent link: https://www.econbiz.de/10010320164
Cover Image
What determines top income shares? Evidence from the twentieth century
Roine, Jesper; Vlachos, Jonas; Waldenström, Daniel - 2007
This paper examines the long-run determinants of the evolution of top in-come shares. Using a newly assembled panel of 16 developed countries over the entire twentieth century, we find that financial development dis-proportionately boosts top incomes. This effect appears to be particularly...
Persistent link: https://www.econbiz.de/10010281266
Cover Image
From Riches to Rags, and Back? Explaining the Growth Trajectory of Argentina since the 1890s
Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin - 2009
Argentina is the only country in the world that was 'developed' in 1900 and 'developing' in 2000. Although various underlying reasons have been identified (chiefly political instability, financial development, inflation, trade openness, and international financial integration), no study has...
Persistent link: https://www.econbiz.de/10010301463
Cover Image
Economic growth, financial development and trade openness in Nigeria: An application of the ARDL bound testing approach
Lawal, Adedoyin Isola; Nwanji, Tony I.; Asaleye, Abiola; … - In: Cogent Economics & Finance 4 (2016) 1, pp. 1-15
inconclusive. While a number of scholars are of the view that compelling cointegration exists among each of these constructs … estimation techniques to examine the existence of cointegration among economic growth, financial development and trade openness … financial stability. Our results show that a two-way cointegration exists between economic growth and financial development, on …
Persistent link: https://www.econbiz.de/10011988704
Cover Image
The nexus between economic growth, financial development, trade openness, and CO2 emissions in European countries
Jamel, Lamia; Maktouf, Samir - In: Cogent Economics & Finance 5 (2017) 1, pp. 1-25
In this paper, we empirically investigate the causal nexus between economic growth (GDP), CO2 emissions (environmental degradation), financial development, and trade openness using the ordinary least squares technique for a yearly panel data of 40 European economies, during the period of study...
Persistent link: https://www.econbiz.de/10011988763
Cover Image
Tripartite analysis of financial development, trade openness and economic growth: Evidence from Ghana, Nigeria and South Africa
Ehigiamusoe, Kizito Uyi; Lean, Hooi Hooi - In: Contemporary Economics 12 (2018) 2, pp. 189-206
This study examines the tripartite relationship between financial development, trade openness and economic growth in Ghana, Nigeria and South Africa for the 1980-2014 period. The study reveals a long-run causal relationship between financial development, trade openness and economic growth,...
Persistent link: https://www.econbiz.de/10011995334
Cover Image
Financial Development and Tax Revenue in Developing Countries: Investigating the International Trade and Economic Growth Channels
Gnangnon, Sèna Kimm - 2019
This study examines the effect of financial development on non-resource tax revenue performance in developing countries, including through the international trade and economic growth channels. Using a sample of 104 developing countries over the period 1980-2014, the empirical analysis shows that...
Persistent link: https://www.econbiz.de/10012140439
Cover Image
Institutional Quality, Trade Openness, and Financial Sector Development in Asia: An Empirical Investigation
Le, Thai-ha; Kim, Jungsuk; Lee, Minsoo - 2015
We examine the determinants of financial development in Asia and the Pacific from 1995 to 2011. To do so, we apply the dynamic generalized method of moments to a panel data set of 26 economies in the region. We find that better governance and institutional quality foster financial development in...
Persistent link: https://www.econbiz.de/10011432876
Cover Image
The impact of industrialization, trade openness, financial development, and energy consumption on economic growth in Indonesia
Handoyo, Rossanto Dwi; Ibrahim, Kabiru Hannafi - In: Economies 9 (2021) 4, pp. 1-13
robust examination of the empirical findings. The result of cointegration confirms the presence of cointegration among the …
Persistent link: https://www.econbiz.de/10013199912
Cover Image
The growth-finance nexus in Brazil: Evidence from a new dataset, 1890-2003
Campos, Nauro F.; Karanasosa, Menelaos; Koutroumpis, … - 2019
This study revisits the growth-finance nexus using a new econometric approach and unique data set. In particular by employing the smooth transition framework and annual time series data for Brazil from 1890 to 2003, we attempt to address on the one side, what is the relationship between...
Persistent link: https://www.econbiz.de/10012144229