This paper examines the causal relationship between financial development, economic growth and financial crisis in the five Asian emerging economies (India, Indonesia, South Korea, Malaysia and Thailand) during the period 1982 to 2007. All of these countries are known as emerging economies with...

This paper features a meta-analysis of the effects of financial development and liberalization on macroeconomic growth in Asia. A meta-synthesis of 748 estimates extracted from 75 previous studies indicates that the growthenhancing effect of finance reaches an economically meaningful scale in...

Electrical energy is as one of the important effective factors on economic growth and development. In recent decades, numerous studies in different countries to estimate and forecast electricity demand in different parts of the economy have been made. In this paper, using the method ARDL,...

Europa ist ein langfristiges Erfolgsmodell, weist aber seit der Finanzkrise ein niedriges Wachstum und eine erhöhte Arbeitslosigkeit auf. Die Einkommensdifferenzen sind zudem hoch. Europa hält sich auch nicht an seine geplante längerfristige Strategie. Die Notwendigkeit einer immer stärkeren...

The purpose of this study is to analyze the effect of power asymmetry, commitment and trust to business performance. In a business relation, the role of power asymmetry, commitment and trust are importance to maintain the quality of a relationship. Business performance is an important factor to...

We analyze the credit channel effects on new residential property prices in Medellín, Colombia, using a simultaneous equations model. Our empirical results show that the main determinants of new residential properties prices are mortgage interest rates and the availability of government...

The research measures the driving force of innovation in economic structure transition. In order to change the pattern of economic development, China is implementing a strategy of innovation-driven development. China's capacity of innovation has been increasing, especially since 2012, and...

The purpose of this paper is to indicate that firms which renew their resource base in line with the dynamic capabilities view can generate and sustain a competitive advantage and thus the related firm performance. In order to investigate the relationships involved, in-depth interviews were...

In den meisten europäischen Ländern ist seit längerem ein erheblicher Rückgang der Industriebeschäftigung vor allem zugunsten wissensintensiver Dienstleistungen zu beobachten. Diese Entwicklung entspricht den theoretischen Erwartungen, dass Spezialisierungsmuster zunehmend funktional und...

This study examines the processes undertaken by a state-owned enterprise to overcome limitations and successfully reverse its decline through moderate, gradual and small-scale evolutionary change. This paper utilizes the "social process research model" to analyze and record organizational...