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This paper uses variations in international commodity prices and rainfall to construct instrumental variables estimates of the within-country effect that changes in the size of the agricultural sector and GDP per capita growth have on the urbanization rate. For a panel of 41 African countries...
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Capital flows and real estate are pro-cyclical, and real estate has a substantial weight in economies' income and wealth. In this paper, we study the role of real estate markets in the transmission of bank flow shocks to output growth across German cities. The empirical analysis relies on a new...
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relationship between remittances and domestic investment in recipient countries has not been fluently evidenced. This paper aims to … fill the empirical gap in the Asia-Pacific region by investigating the impact of remittances on domestic investment with a …Despite the sharply increasing remittances in developing countries (especially in the AsiaPacific region), the …
Persistent link: https://www.econbiz.de/10012193692
The literature has mainly focused on analyzing the relationship of remittances with economic growth and social welfare …, neglecting more complex aspects where remittances can have relevant implications. To contribute to the literature, the objective … of this research is to examine the dynamic relationship between remittances, capital formation, structural transformation …
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