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Community of West African States (ECOWAS) countries for the years 1985 to 2017. The study employed the Augmented Mean Group … positive but insignificant impact on domestic investment in ECOWAS while banking intermediation efficiency (i.e. ability of the …) cross country differences exist on the impact of financial sector development on domestic investment in the selected ECOWAS …
Persistent link: https://www.econbiz.de/10012242074
Economic Community of West African States (ECOWAS) for the years 1985-2017. The study employed the augmented mean group … credit to the private sector has a positive but insignificant impact on domestic investment in ECOWAS, whereas banking … domestic investment in the selected ECOWAS countries; and (4) Domestic credit to the private sector Granger causes domestic …
Persistent link: https://www.econbiz.de/10012268940
Community of West African States (ECOWAS) countries for the years 1985 to 2017. The study employed the Augmented Mean Group … positive but insignificant impact on domestic investment in ECOWAS while banking inter-mediation efficiency (i.e. ability of … selected ECOWAS countries, and (4) domestic credit to the private sector Granger causes domestic investment in ECOWAS. The …
Persistent link: https://www.econbiz.de/10012828690
Persistent link: https://www.econbiz.de/10011311389
The paper aims to examine the relationship, whether complementary or substitutive, between inward FDI and gross domestic investment in the six GCC countries using cointegration techniques and fully modified GMM estimation. Based on the panel data, the empirical evidence implies that in Qatar,...
Persistent link: https://www.econbiz.de/10011784566
The study empirically examined the impact of governance on domestic investment in 16 African countries with a balanced panel data set, between the years 2002 and 2015. The study employed six unbundled governance indicators from the World Bank, World Governance Indicators and constructed three...
Persistent link: https://www.econbiz.de/10011998097
We use the Coakley, Kulasi and Smith (1996) current account solvency model to investigate saving and investment in LDCs. This model implies that saving and investment cointegrate with a unit coefficient irrespective of the degree of capital mobility. Our panel and conventional unit root tests...
Persistent link: https://www.econbiz.de/10014070111
The most widely accepted explanation for the inverse association between private investments and current accounts [Glick and Rogoff, 1995] rests on data for manufactures through 1990. Is this consensus robust to revisions to the national accounts and the expansion of information technologies...
Persistent link: https://www.econbiz.de/10014095304
In order to obtain a better understanding of monetary transmission, this paper assesses the importance of the interest rate and credit channels on business fixed investment in the German manufacturing sector. Our panel of financial statements contains 44,345 observations for 6,408 firms. We...
Persistent link: https://www.econbiz.de/10010295716
In most instances, the dynamic response of monetary and other policies to shocks is infrequent and lumpy. The same holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and prices. We show that the standard practice of estimating...
Persistent link: https://www.econbiz.de/10010369179