Showing 1 - 10 of 1,026
Empirical studies outline developing countries’ experience economic growth through an undervalued exchange rate and … that exchange rate overvaluations have negative long term effects on economic growth. This paper examined the impact of … exchange rate movements as well as exchange rate misalignments on economic growth for the Trinidad and Tobago economy over the …
Persistent link: https://www.econbiz.de/10011956526
Persistent link: https://www.econbiz.de/10014428041
This paper investigates the impacts of Naira real exchange rate misalignment on Nigeria's economic growth using … support for a negative impact of RERMIS on economic growth. In view of these findings, the study recommends the continued use … sustainable equilibrium. This would complement other government policies aimed at promoting economic growth in the country …
Persistent link: https://www.econbiz.de/10012840513
The relationship between foreign direct investment (FDI) inflows and economic growth in host countries is a heavily … debated issue. Although some studies have found evidence of the positive impact of FDI on economic growth, others have …
Persistent link: https://www.econbiz.de/10012268580
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries … financial development does not have a linear positive long-run impact on economic growth in this sample. When we consider a non …-linear relationship between financial development and growth, we find an inverted U-shaped relationship between finance and growth in the …
Persistent link: https://www.econbiz.de/10010340261
While the economic theory predicts that developing countries will gain the most from technology spillovers, there have been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 Western European countries between 1990 and 2006 and...
Persistent link: https://www.econbiz.de/10003656226
impact of deviations from the long-run sustainable real exchange rate equilibrium on real economic growth rate applying panel … main objectives is to determine the relationship between REER misalignments and economic growth trying to differentiate … between short- and long-run effects. To this purpose, a neoclassical growth model is considered controlling for several …
Persistent link: https://www.econbiz.de/10013252580
This paper reconsiders the A versus K debate, namely, which factor is the leading contributor to economic growth …? productivity gains (A) or factor accumulation (K). The growth accounting analysis is conducted for ten Middle Eastern and North … share of capital is much higher than the conventional share of 0.3-0.4. The growth accounting exercise conducted with the …
Persistent link: https://www.econbiz.de/10005035557
This paper reconsiders the A versus K debate, namely, which factor is the leading contributor to economic growth …? productivity gains (A) or factor accumulation (K). The growth accounting analysis is conducted for ten Middle Eastern and North … share of capital is much higher than the conventional share of 0.3-0.4. The growth accounting exercise conducted with the …
Persistent link: https://www.econbiz.de/10005789296
This paper analyses the contribution of public investment to growth in southern Italy in the second half of the … positive effect of public investment on the growth of the Mezzogiorno in the period 1951-1995. The Bai-Perron tests suggest … that economic growth followed two distinct regimes, the first regime of accelerated growth in the years 1951-1973 (average …
Persistent link: https://www.econbiz.de/10012157208