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The objective of this paper is to study the effect of institutional factors on economic growth of a set of 37 developed and developing countries for six successive periods of five years, from 1975 until 2000, using a static panel data model. The key findings generated by this empirical test...
Persistent link: https://www.econbiz.de/10009705171
. -- political institutions ; political instability ; corruption ; investment ; economic growth ; dynamic panel …
Persistent link: https://www.econbiz.de/10009709592
I examine the contribution of institutional breakdowns to long-run development, drawing on Argentina’s unique departure from a rich country on the eve of World War I to an underdeveloped one today. The empirical strategy is based on building a counterfactual scenario to examine the path of...
Persistent link: https://www.econbiz.de/10012256073
, interacting in a complex manner (domestic credit, export of goods and services, Foreign Direct Investment . net inflows, saving … services, Foreign Direct Investment . net inflows, savings). Part four highlights the results of the research alongside other …
Persistent link: https://www.econbiz.de/10011979926
This paper focuses on investment in research and development as a factor of labour productivity and economic growth …
Persistent link: https://www.econbiz.de/10012020507
Persistent link: https://www.econbiz.de/10009545489
funds are withdrawn in the short term). This study introduces a new perspective on the role of corruption in investment … growth and provides quantitative estimates of the impact of corruption on the investment inflows. Motivated by these issues …, the main objective of this article is to empirically reexamine the effects of corruption on foreign direct investment (FDI …
Persistent link: https://www.econbiz.de/10012010603
direct investment) turned out to be important drivers of GDP growth. …
Persistent link: https://www.econbiz.de/10012259712
This paper looks at how trade liberalization and institutional quality influence real income. Previous evidence has provided mixed results, and we find that indicators representing trade liberalization have been very weak. By using strongly balanced panel data of 45 Sub-Saharan African countries...
Persistent link: https://www.econbiz.de/10012021637
Foreign aid is an important means of finance for governments of developing countries. The current study investigates whether too much inflow of aid to developing countries is beneficial or harmful to their economy and whether institutional quality and economic freedom matters in aid–growth...
Persistent link: https://www.econbiz.de/10013460262