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Current data provide macroeconomic information for a large number of countries and for a long period of time (macro panels). This causes that in these panels slope heterogeneity and cross-section dependence (CSD) are a rule rather than the exception, leading to fixed effects slope estimators to...
Persistent link: https://www.econbiz.de/10011200025
This paper contains three important contributions to the literature on international migrations. First, it compiles a new dataset on migration flows (and stocks) and on immigration laws for 14 OECD destination countries and 74 sending countries for each year over the period 1980-2005. Second, it...
Persistent link: https://www.econbiz.de/10008620373
Research and development (R&D) is an important resource for sustained economic growth. New knowledge created by a firm has spillover effects that improve the productivity of other firms and even other sectors. This is the heart of endogenous growth theory. In this framework, government policies...
Persistent link: https://www.econbiz.de/10008675760
This paper addresses the determinants of migration between countries. Special emphasis is placed on which factors attract immigrants. This paper is the first to analyse this question in an integrated framework that takes into account the characteristics of both the origin and destination...
Persistent link: https://www.econbiz.de/10011098863
This paper outlines a framework for mapping the effects of Basel III increases in capital and liquidity requirements on cross-border bank lending to emerging market economies. In a traditional push and pull scheme, the effects of capital and liquidity ratios are disentangled through 6 specific...
Persistent link: https://www.econbiz.de/10011189476
Tourism sector in the Middle East which has undergone and rapid development has generated foreign exchange and diversities the regional economies. In fact, World Tourism Organization has recognized this area as one of the fastest growing in the world. Despite the growth, however, in terms of...
Persistent link: https://www.econbiz.de/10009653271
Foreign direct investment is performed either building a new foundation or buying an existing corporation by the multinational corporations. These investments have become prevalent around the world at the late of 1950s. Capital liberalization has engendered to pick up speed of transnational...
Persistent link: https://www.econbiz.de/10008788413
This study aims to identify robust push and pull factors of human trafficking. I test for the robustness of 78 push and 67 pull factors suggested in the literature. By employing an extreme bound analysis, running more than two million regressions with all possible combinations of variables for...
Persistent link: https://www.econbiz.de/10010556269