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China from the perspective of Granger causality, in a multivariate framework controlling for financial development …, urbanization, and trade openness. Econometric techniques employed include unit root tests, Toda and Yamamoto Granger causality, and … governments of the USA and China cannot implement sturdier strategic energy policies in the long run without inhibiting the growth …
Persistent link: https://www.econbiz.de/10015401455
Die entwicklungspolitische Strategie Chinas hat zu einem exportgetriebenen Wachstum bei gleichzeitiger Bildung von Wachstumspolen im Inland geführt. Damit avancierte das Land zu einem der exportstärksten Länder der Welt und zu einem Financier auf den internationalen Kapitalmärkten. Diese...
Persistent link: https://www.econbiz.de/10011633169
stronger than other measures of financial development. Similarly, urbanization has been accompanied by the significant …
Persistent link: https://www.econbiz.de/10012036737
This study examines the effects of urbanization and industrialization on carbon emissions for a panel of 156 countries … correlated effects mean group (CCEMG) and dynamic CCEMG estimation procedures are applied. Carbon emissions, urbanization … urbanization and industrialization have statistically positive and significant effects on carbon emissions across all panel groups …
Persistent link: https://www.econbiz.de/10012293218
urban population (percentage of total population) to capture urbanization. Results from ARDL showed that the relationship …
Persistent link: https://www.econbiz.de/10013199896
of FD. Moreover, economic growth, urbanization, industrialization, and trade showed a significant impact on RE …
Persistent link: https://www.econbiz.de/10013276548
Persistent link: https://www.econbiz.de/10010313585
In this paper we analyze the role played by Market access to explain income disparities among Japanese Prefectures for different periods of time. The results of the estimations suggest that 1) Market access plays an important role in the explanation of income disparities in Japan, 2) the effect...
Persistent link: https://www.econbiz.de/10011538728
The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...
Persistent link: https://www.econbiz.de/10010311172
This study investigates the relationship between financial development and the size of the informal economy. We build a model in which an exogenous variation in the size of the informal sector creates two effects on financial development. Specifically, informal sector harms financial development...
Persistent link: https://www.econbiz.de/10011650272