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economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial … liberalisation and economic growth and development. However, others emphasise the link between financial liberalisation is … intrinsically associated with financial instability which may be harmful to economic growth and development. This study assesses …
Persistent link: https://www.econbiz.de/10011698477
, using panel data for 1,527 subnational regions in 83 nations from 1950-2014. This data structure allows us to exploit within … manufacturing. Finally, we find evidence consistent with the hypothesis that national infrastructure (i.e., transport …-related infrastructure and rail lines) can alleviate the lagging behind of landlocked regions. …
Persistent link: https://www.econbiz.de/10011750132
Panel Smooth Transition Regressions(PSTR). The following findings are established. First, the nexus between economic growth …This study investigates how governance and infrastructure moderate the effect of natural resource rents on economic … growth using a sample of 110 countries, including 47 African countries from 2000 to 2018. The empirical evidence is based on …
Persistent link: https://www.econbiz.de/10015057615
-Saharan Africa. To address this, the region itself has initiated a major, long-term, continent-wide infrastructure development … programme which is intended to fix this problem sustainably - namely, the Programme for Infrastructure Development in Africa … scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic …
Persistent link: https://www.econbiz.de/10010426539
Persistent link: https://www.econbiz.de/10011761927
investment on economic growth. It did this for the Tunisian economy based on panel data for the 1985-2020 period, thus making it … possible to confirm the importance of spillover effects resulting from developing the Tunisian maritime infrastructure … harm caused by the structuring effects of marine infrastructure. The results reveal, however, that the positive induced …
Persistent link: https://www.econbiz.de/10014512315
Persistent link: https://www.econbiz.de/10011701120
Faced with historically low interest rates, investors are looking further into illiquid assets such as infrastructure … analyzes the key performance and risk characteristics of the EDHECinfra global unlisted infrastructure equity index when … compared to the main global listed infrastructure indices during the 2001-2018 period. The descriptive statistics method is …
Persistent link: https://www.econbiz.de/10012105600
Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics.Typically treated as external to...
Persistent link: https://www.econbiz.de/10013211173
, once invested, were widely expected to promote productivity growth in other parts of the booming economies, creating a … considers new data on GDP per person outside of the resource sector. Despite having vast sums to invest, GDP growth per … country in which (non-resource) growth per-person has been statistically significantly higher during the boom years. In some …
Persistent link: https://www.econbiz.de/10012999763