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This paper examines the relationship between economic growth and outward foreign direct investment (FDI) in Singapore with cointegration and Granger causality analyses. Although we find gross domestic product (GDP) per capita and outward FDI are cointegrated, there is no evidence of long run...
Persistent link: https://www.econbiz.de/10008493799
inflows of external income?the sum of remittances, FDI and general government transfers?from major oil-exporting economies … that real output in the long run is shaped by: (i) oil prices through their impact on external income and in turn on … the hypothesis that a large share of Jordan's output volatility can be associated with fluctuations in net income received …
Persistent link: https://www.econbiz.de/10009401201
) Does GDP have uniform impact on financial development in heterogeneous income countries? (ii) Is the relationship non …, heterogeneity and endogeneity. They show that GDP has a positive impact on financial development in high and middle-income countries …
Persistent link: https://www.econbiz.de/10011976076
This study uses panel Granger causality and cointegration tests to examine the relationship between income per capita … corruption and income per capita, leading to a disconnection between the two variables after 2008, except for Eastern countries …
Persistent link: https://www.econbiz.de/10014318631
Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...
Persistent link: https://www.econbiz.de/10011450390
The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …
Persistent link: https://www.econbiz.de/10012604148
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …
Persistent link: https://www.econbiz.de/10012391355
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …
Persistent link: https://www.econbiz.de/10012372750
This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous … trade on income for 81 developed and developing countries, both for the sample as a whole and for each individual country … income. Our main finding s are: (i) A one percent increase in the trade share of GDP yields, on average, a statistically …
Persistent link: https://www.econbiz.de/10010301490
This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous … trade on income for 81 developed and developing countries, both for the sample as a whole and for each individual country … income. Our main findings are: (i) A one percent increase in the trade share of GDP yields, on average, a statistically …
Persistent link: https://www.econbiz.de/10011345431