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Within and between panel cointegration in the German regional output-trade-FDI nexus
Mitze, Timo - 2010 - First version: May 2010; this version: October 2010
German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … FDI activity positive cross-regional effects are at work. Likewise, in the short-run SpECM specification, direct and …
Persistent link: https://www.econbiz.de/10011535894
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Regional technology spillovers : the case of Central and Eastern European countries
Meriküll, Jaanika; Poltimäe, Helen; Paas, Tiiu - 2010
as foreign direct investment (FDI); import and export; absorptive capacity and geographic proximity. There is a vast …
Persistent link: https://www.econbiz.de/10011575252
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Regional integration and the euro crisis : problems and solutions
Pessoa, Argentino - 2013
Along time the European Union (EU) has been pointed as the most succeeded example of regional integration. Now, this example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It is evident that the proposed solutions for attacking...
Persistent link: https://www.econbiz.de/10011515832
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Does trade cause long-run development? : theory and evidence from countries behind the Suez channel
Gerritse, Michiel - 2015 - Preliminary
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
Persistent link: https://www.econbiz.de/10011478180
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Tourism and development : a recent phenomenon built on old (institutional) roots?
Brau, Rinaldo; Di Liberto, Adriana; Pigliaru, Francesco - 2010
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10011575139
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How well the balance-of- payments constraint approach explains the Portuguese growth performance : empirical evidence for the 1965-2008 period
Antunes, Micaela; Soukiazis, Elias - 2010
The present study aims to verify whether the balance-of-payments constrained growth approach is suitable for explaining the Portuguese growth performance during the last decades. For that, we adopt "Thirlwall's Law" that predicts actual growth by the ratio of the exports growth relative to the...
Persistent link: https://www.econbiz.de/10012654666
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Economic growth and the balance-of-payments constraint : the case of the Spanish regions, 1988-2008
Bajo Rubio, Oscar; Díaz Roldán, Carmen - 2010
The balance of payments can act as a constraint to the rate of growth of output, on putting a limit to the growth in the level of demand to which supply can adapt. This effect might be even stronger for regional economies, presumably more integrated among them. In this paper, we examine this...
Persistent link: https://www.econbiz.de/10012655136
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Causality relationships between renewable energy, economic growth, and CO 2 emissions in Middle Eastern and North African countries
Çağlayan Akay, Ebru; Abdieva, Raziiakhan; Oskonbaeva, … - In: Eurasian economies in transition, (pp. 404-423). 2017
Persistent link: https://www.econbiz.de/10011618509
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The effects of stock characteristics on the direction and extent of herding by foreign institutional investors in the Taiwan stock exchange
Fang, Hao; Lu, Yang-cheng; Yau, Hwey-yun - In: Emerging markets finance & trade : a journal of the … 50 (2014), pp. 60-74
Persistent link: https://www.econbiz.de/10010402994
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FDI and economic development : evidence from China's regional growth
Liu, Xiangbo; Luo, Yu; Qiu, Zhigang; Zhang, Ru - In: Emerging markets finance & trade : a journal of the … 50 (2014), pp. 87-106
Persistent link: https://www.econbiz.de/10011339545