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Persistent link: https://www.econbiz.de/10014535035
The UK’s withdrawal from the EU will have far-reaching consequences on the European economy. However, the ultimate consequences of Brexit, especially for financial markets, depend on the final agreement, which is still under negotiation. Currently, regulated financial services can be provided...
Persistent link: https://www.econbiz.de/10011884156
This article estimates how economic growth and foreign direct investment affect environmental pollution. Our motivation is that less developed nations must make trade-off decisions between economic growth and environmental pollution. Thus, we employ the Autoregressive Distributed Lag Model...
Persistent link: https://www.econbiz.de/10014442272
Long- and short-run current account balance (CAB) determinants of the nineteen Eurozone (EZ) member states vis-a-vis the United States (US) are examined. Particularly, the competitiveness of the EZ vs the US, the relationship between the current account deficit and the budget deficit (twin...
Persistent link: https://www.econbiz.de/10014287573
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 literature. However, the empirical results based on...
Persistent link: https://www.econbiz.de/10011845329
The US dollar is the most prevalent currency to settle internationally traded merchandise. A few existing studies demonstrate that the US dollar can significantly impact a country's trade balance with a non-US partner. Nevertheless, the current literature indicates the remarkable deficiency of...
Persistent link: https://www.econbiz.de/10014503318
This paper aims to investigate the impact of innovation on three macroeconomic indicators: GDP, self-employment, and … foreign direct investment (FDI). The study analyses a sample of 120 countries using the Global Innovation Index (GII) and its … constituent sub-indices and pillars, which provide a holistic evaluation of national innovation. Gross domestic product (GDP) per …
Persistent link: https://www.econbiz.de/10014321414
The aim of this paper is to construct and test a model explaining the inward Foreign Direct Investment (FDI) position of various members of European Monetary Union (EMU), on the basis of their location advantages during 1980-2010 period. The model focuses on the impact of EMU on FDI inflows and...
Persistent link: https://www.econbiz.de/10010255262
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