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Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010517186
Persistent link: https://www.econbiz.de/10011492725
Persistent link: https://www.econbiz.de/10011493537
economic growth in OECD countries. Using new dynamic panel regression techniques, these appraisals indicate that within the … provide evidence that anticipative price effects (i. e., expectations of future growth, reflected in current stock prices) may … be driving the empirical relationship between stock market activities and economic growth in high income countries to a …
Persistent link: https://www.econbiz.de/10011494195
productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10011409024
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010496054
major determinant of economic growth and productivity (Levine, Loayza and Beck 2000). Typically, paradigms are based on … that financial development and credit booms might not only support growth but jeopardize the whole economic system. While … there exists a huge literature on the finance growth nexus before the international financial crisis analyses on post …
Persistent link: https://www.econbiz.de/10012153547
beneficial for economic growth. Sound and efficient financial systems are especially important for sustaining growth in … developing countries. This paper examines the impact of banking sector liberalization on long-term economic growth in Pakistan by … relationship between banking sector development and economic growth in the country. The sensitivity analysis also shows that the …
Persistent link: https://www.econbiz.de/10012896518
Up to a point, banks and markets both foster economic growth. Beyond that limit, expanded bank lending or market …-based financing no longer adds to real growth. But when it comes to moderating business cycle fluctuations, banks and markets differ …
Persistent link: https://www.econbiz.de/10013052174
with economic growth at both country and industry levels. Liquidity creation boosts tangible, but not intangible investment … and does not contribute to growth in countries with a high share of intangible-asset industries. These results are …
Persistent link: https://www.econbiz.de/10012830176