This paper investigate the dynamic relationship between foreign capital inflows on economic growth of Mediterranean countries over the period 1980-2018 Foreign direct investment (FDI) and official development aid (ODA) were used as a main source of capital inflow in this study. A standard growth...

We study estimation and inference in panel data regression models when the regressors of interest are macro shocks, which speaks to a large empirical literature that targets impulse responses via local projections. Our results hold under general dynamics and are uniformly valid over the degree...

The primary aim of the study is to investigate the role of institutional quality and human capital on innovation in the case of Asian economies. By utilizing annual data from 39 Asian countries spanning over 2000 to 2021, we find that institutional quality and human capital are the principal...

Both sides of the institutions and growth debate have resorted largely to microeconometric techniques in testing hypotheses. In this paper, I build a panel structural vector autoregression (SVAR) model for a short panel of 119 countries over 10 years and find support for the institutions...