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The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic … issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya … evolved in MENA and which may serve to explain the differences in each country's economic performance. The key objective of …
Persistent link: https://www.econbiz.de/10011156346
The purpose of this study is to find whether there is any significant impact, be it short run or long run, of financial development (FD) on economic growth from nine island economies. Despite the vast researches on the FD and economic growth nexus, little has been known from the perspective of...
Persistent link: https://www.econbiz.de/10011266434
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010757725
We revisit the relationship between financial development and economic growth in a panel of 52 middle-income countries over the 1980–2008 period. Using pooled mean group estimations in a dynamic heterogeneous panel setting, we show that there is an inverted U-shaped relationship between...
Persistent link: https://www.econbiz.de/10011190689
In the light of the recent observation that the relationship between financial development and economic growth is one of non-linear and limitations of granger test, this paper re-examined relationship in the framework of non-linear Granger causality employing (Diks and Panchenko in Stud...
Persistent link: https://www.econbiz.de/10011154927
This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...
Persistent link: https://www.econbiz.de/10005106885
and North African (MENA) countries for different periods ranging from 1960 to 2004, within a trivariate vector …
Persistent link: https://www.econbiz.de/10011272229
and North African (MENA) countries for different periods ranging from 1960 to 2004, within a trivariate vector …
Persistent link: https://www.econbiz.de/10005597103
and North African (MENA) countries for different periods ranging from 1960 to 2004, within a trivariate vector …
Persistent link: https://www.econbiz.de/10005790290
infrastructure. In this paper we assess empirically these relationships in some MENA countries. The empirical study is based on … estimation of a dynamic panel model with system GMM estimators. There are three main findings. First, our empirical results join … positive and significant direct effect of ICT proxies on economic growth. This implies that MENA countries need to reinforce …
Persistent link: https://www.econbiz.de/10010943049