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interaction between infrastructure and human capital development enhances economic growth. The study mainly used a dynamic panel … functions. Panel data analysis approaches such as pooled ordinary least squares (OLS), and fixed and random effects were used … the results from a dynamic panel GMM are considered to be more accurate due to the approach's ability to address the …
Persistent link: https://www.econbiz.de/10012020286
Aufbauend auf einem theoretischen Rahmenmodell, das sowohl positive als auch negative Wachstumseffekte des Finanzsektors berücksichtigt, wird die makroökonomische Effizienz des Finanzsektors definiert. Die empirische Untersuchung des theoretischen Modells anhand von 28 west- und...
Persistent link: https://www.econbiz.de/10011932632
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There are two strands in the empirical literature on economic growth in transition economies. One focuses on the impact of reforms, while the other emphasizes sustainability issues and the growth prospects these economies face. The most common strategy, in the latter, has been to use...
Persistent link: https://www.econbiz.de/10014198220
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This paper seeks to estimate the economic growth effect of constitutional provisions for property rights protection. It does so using the unique situation in formerly communist countries in Central and Eastern Europe and the Caucasus where all but two introduced new constitutions after the fall...
Persistent link: https://www.econbiz.de/10013111140
, but the Pooled Mean Group estimator of the Panel Autoregressive Distributed Lag was favoured by the Hausman test as the …
Persistent link: https://www.econbiz.de/10013164341
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panel Granger causality analysis based on annual data for 8 transition countries, covering the period 1995-2011. The main …
Persistent link: https://www.econbiz.de/10011844751
Persistent link: https://www.econbiz.de/10012196588