technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks …. As in endogenous growth models, technological progress increases the number of varieties, raising average productivity …. In our model, the expansion in the number of varieties provides diversification benefits against variety-specific shocks …

This study investigates the linkage between portfolio investment and economic growth in 18 developed and 27 developing … level. The results of our analysis show that long-term portfolio investment is positively associated with economic growth in … developing countries. Long-term portfolio investment through non-interest-bearing assets contribute more to economic growth in …

This article investigates returns and volatility linkages among stock markets, including emerging Asian (e.g., India …, Japan, and Singapore) stock markets. During the sample period, these emerging markets have experienced both rapid growth and … volatility. Finally, the Vector Autoregressive (VAR) model is used to study the transmission dynamics in the presence of …

growth, may operate through a country’s financial system. Scholars show that resource-abundant economies suffer from lower … financial system’s size due to volatility and the associated high real interest rates. The paper shows empirically that export …

growth …

. The long-held hypothesis that NPLs contribute to economic growth is tested using the Panel Granger causality test. Further …