Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China's impact on Latin America's trade. The results obtained indicate that: i) China's growth in the last years implied a growing supply of exports to this market from most countries in the...

This paper investigates the human capital and economic growth nexus in the presence of corruption for a disaggregated sample of developed and developing economies, and East, West, and South Asia. For the purpose, Dynamic Panel Data (DPD) and the Generalized Method of Moments (GMM) are employed....

Purpose - The purpose of this study is to investigate the role of natural resources in economic growth by taking evidence from Pakistan. Design/methodology/approach - Total five variables are used in this study, i.e. GDP, population density, water renewable resources, deforestation and the...

The mutual funds' returns, inter alia, are dependent on fund managers' performance. This makes human capital efficiency very central for consistent risk-adjusted performance. The persistence in performance becomes more critical during periods of high turbulence, like the one we are experiencing...

In this study, we explore the hypotheses that (a) workers' remittances enhance economic growth in Latin American countries, and (b) workers' remittances help reduce poverty in Latin American countries. In recent decades, workers' remittances have become an important source of income for many...

A central argument for increased protections of property rights (PR) is the role they play in encouraging economic transactions, investment and economic growth. Likewise, the utilitarian justification of intellectual property laws is that such rights promote creative inventions and innovation,...

For a selected group of Latin America countries we estimated the parameters of convergence equations on the basis of annual data. We test cross-country heterogeneity of parameters within a system of Seemingly Unrelated Regression Equations (SURE) that departures from standard approach utilizing...

This paper looks at the hypothesis of conditional convergence of Gross Domestic Product (GDP) per capita for a set of eighteen Latin American countries establishing a positive link with the growth rate of those economies. To that purpose, Ø-convergence, σ-convergence and Ú-convergence...

Purpose - The purpose of this paper is to compare the three largest economies in Latin America (Brazil, Mexico and Argentina) with other economies that have another type of capitalism, in that way we can extract some effects of the hierarchical capitalism in Latin America...