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Natural disasters and macroeconomic performance

Strulik, Holger; Trimborn, Timo - 2016

Recent empirical research has shown that output and GDP per capita in the aftermath of natural disasters are not necessarily lower than before the event. In many cases, both are not significantly affected and, surprisingly, sometimes they are found to respond positively to natural disasters....

Persistent link: https://www.econbiz.de/10011534396

Natural disasters and macroeconomic performance : the role of residential investment

Strulik, Holger; Trimborn, Timo - 2014

Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. Income remains in many cases not significantly affected or, perhaps even more surprisingly, it responds positively to natural disasters. Here, we...

Persistent link: https://www.econbiz.de/10010255055

Natural disasters and macroeconomic performance : the role of residential investment

Strulik, Holger; Trimborn, Timo - 2014 - First Version: March 2014. This Version: September 2014

Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. In many cases, income is not significantly affected and surprisingly, can even respond positively to natural disasters. Here, we propose a simple...

Persistent link: https://www.econbiz.de/10010429129

ICT and the Sources of Growth

Chu Khanh, Lan - 2019

Using cross-country panel data, we find evidence that ICT development has a positive impact on output, physical capital accumulation, and productivity growth although the impact on the latter is higher. The higher impacts of mobile cellular and the Internet on middle/low-income countries' output...

Persistent link: https://www.econbiz.de/10012890955

The Positive Link between Financial Liberalization, Growth and Crises

Tornell, Aaron; Westermann, Frank; Martínez Trigueros, … - 2021

There is no agreement regarding the growth-enhancing effects of financial liberalization, mainly because it is associated with risky international bank flows, lending booms, and crises. In this paper we make the case for liberalization despite the occurrence of crises. We show that in developing...

Persistent link: https://www.econbiz.de/10013319362

Relationships between ESG disclosure and economic growth : a critical review

Hassani, Bertrand Kian; Bahini, Yacoub - In: Journal of risk and financial management : JRFM 15 (2022) 11, pp. 1-23

The literature on the relationship between ESG disclosure and economic growth is relatively non-existent. Thus, this paper highlights the importance of taking this relationship into account in current sustainable policies. The main objective of extra-financial Disclosure is to mitigate...

Persistent link: https://www.econbiz.de/10013474500

Regulation of Financial Systems and Economic Growth

De Serres, Alain; Kobayakawa, Shuji; Sløk, Torsten; … - 2006

This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a … external sources of funding tend to grow faster in countries that have more competition-friendly regulation in markets for … on regulations in banking and securities markets. They point to substantial variations in the stance of regulation across …

Persistent link: https://www.econbiz.de/10012444857

Regulation and Macroeconomic Performance

Loayza, Norman; Oviedo, Ana María; Servén, Luis - 2005

Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex … its justification and objectives, regulation can have potentially significant macroeconomic consequences, by helping or … an empirical analysis of the macroeconomic impact of regulation. It first characterizes the stylized facts on regulation …

Persistent link: https://www.econbiz.de/10014067737

Product Market Regulation and Macroeconomic Performance : A Review of Cross Country Evidence

Schiantarelli, Fabio - 2021

country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …

Persistent link: https://www.econbiz.de/10013318222

The Analysis of the Impact of Regulatory Environment on the Pace of Economic Growth of the World Countries According to the Bayesian Model Averaging

Próchniak, Mariusz; Witkowski, Bartosz - 2013

The study examines the relationship between the regulatory variables and economic growth on the basis of Bayesian model pooling applied to Blundell and Bond’s GMM system estimator. The areas of regulations (institutions) are measured by the following indicators: index of economic freedom,...

Persistent link: https://www.econbiz.de/10014150807