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Growth and project finance in the least developed countries
la Cour, Lisbeth F.; Müller, Jennifer - In: International Journal of Economic Sciences and Applied … 7 (2014) 2, pp. 77-103
This article examines the effects of project finance on economic growth in the least developed countries (LDC). Inspired by the neoclassical growth model we set up an econometric model to estimate the effects of project finance for a sample consisting of 38 of the least developed countries using...
Persistent link: https://www.econbiz.de/10011310272
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Remittance and economic growth nexus in Nigeria: Does financial sector development play a critical role?
Anetor, Friday Osemenshan - In: International Journal of Management, Economics and … 8 (2019) 2, pp. 116-135
The purpose of the study was to examine the relationship between remittances, financial sector development, and economic growth in Nigeria over the period 1981 to 2017. The study used the autoregressive distributed lag (ARDL) model to analyze the long-run and short-run relationships between the...
Persistent link: https://www.econbiz.de/10012036701
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Financial development, remittances and economic growth: A threshold analysis
Peprah, James Atta; Ofori, Isaac Kwesi; Asomani, Abel Nyarko - In: Cogent Economics & Finance 7 (2019) 1
Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper uses macrodata to examine the linkages between...
Persistent link: https://www.econbiz.de/10012435773
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Remittances, financial development and economic growth in the economic community of West African states
Titoe, Michael D. - In: West African Journal of Monetary and Economic Integration 19 (2019) 2, pp. 71-83
There are varied findings on how the remittances, financial development and economic growth relationship works. Some studies find that in countries with low financial development, remittance inflows may have a higher impact on economic growth by serving as a substitute for inefficient or...
Persistent link: https://www.econbiz.de/10013362919
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The dynamics of relationship between exports and economic growth in India
Mishra, P. K. - In: International Journal of Economic Sciences and Applied … 4 (2011) 2, pp. 53-70
paper is an attempt to reinvestigate the dynamics of the relationship between exports and economic growth for India over the … between them, and finally, the rejection of exportled growth hypothesis for India by the Granger causality test based on …
Persistent link: https://www.econbiz.de/10010289426
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Does human capital cause economic growth? A case study of India
Haldar, Sushil Kumar; Mallik, Girijasankar - In: International Journal of Economic Sciences and Applied … 3 (2010) 1, pp. 7-25
This study examines the time series behavior of investment in physical capital, human capital (comprising education and … adjustment programme (openness which has been initiated in 1991) as exogenous variables in India from 1960 to 2006. The results … suggest that physical capital investment has no long-run nor short-run effect but the human capital investment has significant …
Persistent link: https://www.econbiz.de/10010289391
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Causality between bank's major activities and economic growth: evidences from Pakistan
Mushtaq, Saba - In: Financial Innovation 2 (2016) 7, pp. 1-11
Background: Banking is an important sector of Pakistan's economy. It is general consideration that bank's major activities saving and lending have positive impact on economic growth. So the aim of this study is to investigate this consideration and also investigate that either growth led...
Persistent link: https://www.econbiz.de/10011808212
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How does quality of institutions affect the impact of trade openness on economic growth of Ghana?
Duodu, Emmanuel; Baidoo, Samuel Tawiah - In: Cogent Economics & Finance 8 (2020) 1, pp. 1-19
Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to address the situation. This study therefore examines the impact of trade openness on economic growth of...
Persistent link: https://www.econbiz.de/10014001331
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Challenges of the output-employment growth imbalance in transition economies
Mihajlović, Vladimir; Marjanovic, Gordana - In: Naše gospodarstvo / Our Economy 67 (2021) 2, pp. 1-9
The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more important role as these countries strive to significantly...
Persistent link: https://www.econbiz.de/10014520680
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Financial development, remittances and economic growth: A threshold analysis
Peprah, James Atta; Ofori, Isaac Kwesi; Asomani, Abel Nyarko - In: Cogent Economics & Finance 7 (2019) 1, pp. 1-20
Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper uses macrodata to examine the linkages between...
Persistent link: https://www.econbiz.de/10012657541