Showing 1 - 10 of 9,820
Persistent link: https://www.econbiz.de/10012964373
cut back investment in innovation. Since innovation in the United States determines the evolution of the world … productivity growth slowdown. Motivated by these facts, we provide a model connecting international financial integration and … global productivity growth. The key feature is that the tradable sector is the engine of growth of the economy. Capital flows …
Persistent link: https://www.econbiz.de/10012167488
from a take-off in domestic productivity of the magnitude observed in some of these countries …
Persistent link: https://www.econbiz.de/10012783191
This paper proposes a new method for measuring the degree to which the domestic capital stock is self-financed. The main idea is to use the national accounts to construct a self-financing ratio, indicating what would have been the autarky stock of tangible capital supported by actual past...
Persistent link: https://www.econbiz.de/10014070908
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10003816538
globalisation is measured with Net Foreign Direct Investment inflows whereas financial development entails all dimensions identified … by the Financial Development and Structure Database of the World Bank. The findings consistently reveal: (i) positive …
Persistent link: https://www.econbiz.de/10011407925
Foreign Direct Investment Inflows as a percentage of GDP (FDIgdp) whereas financial development entails dynamics of depth …
Persistent link: https://www.econbiz.de/10011407934
Purpose - The issue of which financial initial conditions are necessary to materialize the benefits of financial globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of financial threshold conditions in order to give...
Persistent link: https://www.econbiz.de/10011410072
Purpose - The issue of which financial initial conditions are necessary to materialize the benefits of financial globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of financial threshold conditions in order to give...
Persistent link: https://www.econbiz.de/10011410250
This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...
Persistent link: https://www.econbiz.de/10011410623