In this study, we explore the hypotheses that (a) workers' remittances enhance economic growth in Latin American countries, and (b) workers' remittances help reduce poverty in Latin American countries. In recent decades, workers' remittances have become an important source of income for many...

Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in...

The aim of this research is to analyse (i) influence of cooperation with different partners and public funding on firms' willingness to innovate; (ii) how public funding and cooperation with different partners influence firms' innovation performance (turnover); (iii) effects of mutual...

The prime objective of the current study is to explore the nexus among financial development, market freedom, political stability, economic growth and CO2 emissions in ASEAN countries. The present study has attempted to examine the asymmetric association among financial development, CO2...

Purpose - The purpose of this article is to examine the interconnected relationships between government size, country size, openness and economic growth. In fact, more trade openness increases government size, which lays stabilizer role against external shocks and GDP volatility. More country...

Purpose - The aim of this paper is to investigate the relationship between Foreign Direct Investment flows and economic growth using quarterly data for the period of 2002 and 2015 in Turkey. Thus we try to examine whether technological diffusion generated by FDI inflows to Turkey enhances the...

This paper investigates the impact of financial development on economic growth in Pakistan using the Markov Switching Model over the period 1980-2017. The results based on two-state Markov switching model confirm the Schumpeter's view that finance spurs growth. The result reveals that financial...

Im Wachstumsmodell von Roy F. Harrod lässt sich zeigen, dass ein Exportüberschuss Produktionskapazitäten beansprucht, die für wachstumsrelevante Investitionen nicht mehr zur Verfügung stehen. Mit zunehmender Kapazitätsauslastung könnte der Exportboom dämpfende Wirkungen auf das...

. After the global crisis of 2008-2009, the world economy entered the era of restructuring. This article focuses on the risks that a new leader will face in the process of shaping the world economy. The methods employed in the research include big data processing of continuous change and the...

As China's opening-up grows wider under the Belt and Road Initiative, the exploration and construction of free trade ports have received increasing attention. In 2018, China's first free trade port was settled in Hainan instead of Shanghai. In 2019, after the Lingang New Area of China (Shanghai)...