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The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Focusing on the direct channels of growth, the author has found both positive and negative contribution of finance to … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …
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. These findings are established through the estimation of a spatial bivariate probit model. …
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effect of FDI on TFP and economic growth dynamics. The geographical and temporal scopes are respectively 25 Sub … Method of Moments. The following main findings are established. First, FDI has a positive effect on GDP growth, GDP per … real TFP growth and welfare TFP. Third, values added to the three economic sectors largely modulate FDI to produce negative …
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