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This study investigates the impact of FDI regulatory restrictions on tourism growth. Using system generalized method of … moments (GMM) estimation of the dynamic panel data model, this study finds that FDI restrictions have significant negative … effects on tourism growth, implying that liberalizing FDI policies could promote tourism growth. …
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We propose a simple-to-implement dynamic panel data method to evaluate the impacts of place-based policies. The idea is … to exploit both the cross sectional dependence and the serial correlation within a panel and implement a semi difference … the Free Trade Zone (FTZ) policy implemented in Shanghai at the end of 2013 on local GDP growth rate and compare it with …
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The objective of this study is to investigate the nexus between financial development (FD) in economic growth (GROWTH …) in developing countries. The study uses panel data from 138 developing countries during the period 1980-2018. The … relationship between financial development and economic growth is investigated using four explanatory variables that are commonly …
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