In this paper, we revisit the relationship between economic growth and exchange rate misalignments, especially … on growth depends on institutional quality as suggested in previous literature. First, we separate countries into groups … according to their institutional quality using the cluster analysis. Then, we estimate the relationship between growth and …

In this paper, we revisit the relationship between economic growth and exchange rate misalignments, especially … on growth depends on institutional quality as suggested in previous literature. First, we separate countries into groups … according to their institutional quality using the cluster analysis. Then, we estimate the relationship between growth and …

This study examines the moderating effects of the real exchange rate and its volatility on the finance-growth nexus in … the West African region. It also determines the marginal effects of financial development on economic growth at various … impact on economic growth, but this impact is weakened by real exchange rate and its volatility. The marginal effects of …

This study examines the moderating effects of the real exchange rate and its volatility on the finance-growth nexus in … the West African region. It also determines the marginal effects of financial development on economic growth at various … impact on economic growth, but this impact is weakened by real exchange rate and its volatility. The marginal effects of …

economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …

renminbi (RMB) undervaluation; presents evidence on RMB undervaluation and China’s GDP growth rate; surveys the role of the … real effective exchange rate – both its level and its stability over time – for underpinning growth in developing countries …, especially in large dual economies such as China and India; finally, the paper presents new evidence on growth linkages between …

This paper investigates the effects of exchange rate volatilities on economic growth of Iran over the flexible exchange …. (2001). Our results show a significant relationship between Iranian growth volume and real exchange rate volatility. The … long run results of ARDL model show that the effect of exchange rate volatility on economic growth is negative. ECM …

taking place since the 1990's, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation …-run growth bonus from integration, which is robust to alternative specifications of the regression equation and of the variables …

utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor …, capacity utilization and estimated TFP growth contributions. We find that using an hours worked proxy, the variance of the … growth mostly in periods when/after institutional reforms, privatization or FDI inflow took place and lost its importance …

We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries … financial development does not have a linear positive long-run impact on economic growth in this sample. When we consider a non …-linear relationship between financial development and growth, we find an inverted U-shaped relationship between finance and growth in the …