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debt have on the contribution of investment to economic growth. The main statements issued from these two empirical tests … and a negative interaction between these two debt’ measures and investment. …
Persistent link: https://www.econbiz.de/10010764484
Economists have a long argue that political process such as democracy and corruption are important for economic growth. Our objective in this paper is to demonstrate that one of democracy's indirect posititive effects is its ability to mitigate the negative effect of corruption on economic...
Persistent link: https://www.econbiz.de/10011107346
The study examines the relationship between the regulatory variables and economic growth on the basis of Bayesian model pooling applied to Blundell and Bond’s GMM system estimator. The areas of regulations (institutions) are measured by the following indicators: index of economic freedom,...
Persistent link: https://www.econbiz.de/10010722614
The objective of our work is to show the importance of a healthy institutional framework in the finance-growth relation. In this context, we start by presenting, a theoretical lighting on this subject while trying to define the concept of the governorship and to determine its various...
Persistent link: https://www.econbiz.de/10008524027
Economists have a long argue that institutions and implementation of good governance are important for economic growth. The main objective of this research is to demonstrate that one of positive institutions effects is its ability to mitigate the negative effect of economic vulnerability linked...
Persistent link: https://www.econbiz.de/10011112521
Persistent link: https://www.econbiz.de/10005029210
economic growth. These include greater efficiency and enlarged investment in physical and human capital. The sample contains 79 … stimulation of investment in physical and human capital. …
Persistent link: https://www.econbiz.de/10010663314
for a number of other factors. Results also show that investment in telecommunications is subject to increasing returns. …
Persistent link: https://www.econbiz.de/10008560033
capital. The marginal product of capital is measured as the ratio of the long-run growth of GDP to a country’s investment … most important variables. The data also suggest constant returns to capital, so investment matters for long-run growth. …
Persistent link: https://www.econbiz.de/10010992348
investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … improving in key sectors, partly thanks to greater private investment, bottlenecks endure and efforts to intensify competition … and ensure continued strong investment are required. Labour market reforms are also required to promote job creation …
Persistent link: https://www.econbiz.de/10009191040