Showing 1 - 10 of 4,358
This paper discusses some puzzles in the contemporary macroeconomic scene in India, from the perspective of public finance and economic development. These include a fiscal deficit higher than it was during the 1991 crisis, but without a large current account deficit or rise in inflation or...
Persistent link: https://www.econbiz.de/10011520530
According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO … on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes … to the literature by investigating the unconditional growth effect of FO, measured as de facto international financial …
Persistent link: https://www.econbiz.de/10014307771
(GTD) we show a decrease in FDI as a consequence of terrorism. We also find evidence that FDI flows are more sensitive to … matters. -- FDI ; terrorism ; lending ; portfolio investment …Current literature shows a significant negative impact of terrorism on countries economies. We explore this …
Persistent link: https://www.econbiz.de/10009682335
(GTD) we show a decrease in FDI as a consequence of terrorism. We also find evidence that FDI flows are more sensitive to …Current literature shows a significant negative impact of terrorism on countries economies. We explore this … relationship in more detail. Using an unbalanced panel of over 160 countries for up to 25 years and the Global Terrorism Database …
Persistent link: https://www.econbiz.de/10013089605
equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …
Persistent link: https://www.econbiz.de/10011535894
This paper analyzes the impact of financial openness on the size of the government in a stochastically growing small open economy when public spending is productive and volatility-reducing using a portfolio approach. The main result of the model is that economies that are more open are...
Persistent link: https://www.econbiz.de/10009355556
that formal aspects of financial openness generate a strongly positive impact on economic growth and its sources …, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from … financial integration on country groups within the EU. -- Financial integration ; economic growth ; productivity ; European …
Persistent link: https://www.econbiz.de/10009510726
Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory …
Persistent link: https://www.econbiz.de/10011397221
that formal aspects of financial openness generate a strongly positive impact on economic growth and its sources …, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …
Persistent link: https://www.econbiz.de/10011374352
This study examines the relationship between current-account imbalances and economic growth during the 2008 … estimates. Statistical data are used, including the average of the GDP growth rate in the years prior to the crisis (2003 - 2007 …), the average of the GDP growth rate for 2008 and 2009, current account as a percentage of GDP, and the level of average …
Persistent link: https://www.econbiz.de/10010406280