importantly, we show that nongrowth firm values are comparable to growth firm values unless we assume a rise in growth consistent … with projections under TCJA where tax rates are lower. We demonstrate this projected growth increase is the key to make …

cointegration tests show that the long-run relationship between excess money growth and inflation holds if longer runs of data are … predicted by Milton Friedman. For the full sample, the average speed of adjustment from excess money growth to inflation in …

This paper examine the relation from remittances and trade to economic growth. Study applied time series econometric … remittance, trade and economic growth whereas no short-run causal relationship exists between remittances and economic growth …, but trade shows significant influence even in the short run in GDP during the study period. It is expected that the …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

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 … equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward …

This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … threshold is allowed for. Thus, trade generally promotes growth and relatively high inequality retards growth. …