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The literature on trade openness, economic development, and the environment is largely inconclusive about the … environmental consequences of trade. This study review previous studies focusing on treating trade and income as endogenous and … estimating the overall impact of trade openness on environmental quality using the instrumental variables technique. The results …
Persistent link: https://www.econbiz.de/10010547639
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Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank, the Regional Banks and Economic Commissions. The 2005...
Persistent link: https://www.econbiz.de/10003798394
The objective of this research is to find the long-run association among financial liberalization, international trade … mechanism is employed to analyze the objective of our study. The empirical result shows that both trade liberalization and …
Persistent link: https://www.econbiz.de/10013116232
This paper applies a robust empirical methodology, which considers issues relating to cross-country heterogeneity and cross-sectional dependence, to inspect the contributions of gender equality and factor income distribution to an economy's growth path. A dynamic model of aggregate demand is...
Persistent link: https://www.econbiz.de/10012239618
growing international flows of trade and capital. Changing character of global economy makes us to reconsider traditional …
Persistent link: https://www.econbiz.de/10012308407
This paper examines the effect of institutions on macrofinancial resilience in Asia. Focusing on a panel of 12 Asian economies from 1996Q1 to 2020Q4, we find that institutions for economies with high levels of institutional quality support the resilience of real GDP per capita and net FDI...
Persistent link: https://www.econbiz.de/10013342166
Using a panel regression approach across 13 developing Asian economies from 1996Q1 to 2019Q4, this paper examines the extent of financial development as a transmission channel for mediating the "allocation puzzle" in capital flows. This puzzle pertains to why capital seems to flow to economies...
Persistent link: https://www.econbiz.de/10014564120