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GMM estimation of autoregressive panel data equations in error-ridden variables when the noise has memory, is … country panel data supplements the simulation results. …
Persistent link: https://www.econbiz.de/10010479979
-income countries over the period 1970-2009. The paper employs non-stationary heterogeneous panel cointegration techniques that take …
Persistent link: https://www.econbiz.de/10013097488
abundance on domestic output as well as the short-run (growth) effects. Thirdly, we make use of a non-stationary panel approach … which explicitly estimates the long-run relationships from annual data as opposed to the dynamic and static panel approaches …
Persistent link: https://www.econbiz.de/10013095480
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing … as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling … institutional quality. -- human development ; institutions ; dynamic panel modelling …
Persistent link: https://www.econbiz.de/10009011991
To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
Persistent link: https://www.econbiz.de/10010506650
We examine the long-run relationship between fertility, mortality, and income using panel cointegration techniques and … ; mortality ; economic development ; panel cointegration …
Persistent link: https://www.econbiz.de/10008906860
This paper investigates the short run as well the long run relationships between money supply, inflation, government … inflationary pressure in the economy. Results show that inflation negatively effects economic growth probably due to adverse supply …
Persistent link: https://www.econbiz.de/10011310235
This paper surveys the existing literature on the relationship between inflation and economic growth in developed and … developing countries, highlighting the theoretical and empirical indications. The study finds that the impact of inflation on … overwhelming support in favour of a negative relationship between inflation and growth, especially in developed economies. However …
Persistent link: https://www.econbiz.de/10011875376
policy making. This study therefore re-examines whether inflation mediates the FD–EG nexus by utilizing a panel data obtained …The impact of financial development (FD) on economic growth (EG) is well documented. However, studies on how inflation … mediates the impact of FD on EG produce inconclusive findings. Meanwhile, the tripartite relationship among FD, inflation and …
Persistent link: https://www.econbiz.de/10013431455
Persistent link: https://www.econbiz.de/10003624098