on the inflation rate for the Western Balkan. The research has applied panel data using dynamic approaches such as fixed … effects, and Arellano-Bover/Blundell-Bond estimation to determine relationships between variables and their impact on …, which has insignificant influence. Moreover, the analyses through the Arellano-Bover/Blundell-Bond estimation reveal that …

) diffusion, financial development and economic growth in the panel of developing countries for 2005-2019. Design …/methodology/approach - The study employed the principal component analysis (PCA) to extract the index of ICT diffusion. First-generation panel … ordinary least squares (DOLS). The panel Granger causality approach examined the short-run and long-run causality. Findings …

convergence was found to be higher for EU countries. We apply panel data tests of convergence with annual data available from 1998 …

We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries … over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that …

The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of …

of an individual economy to determine the contribution of various inputs and the total factor productivity. The growth … to sharp losses in the total factor productivity growth. Furthermore, results of the econometrics study stress the …

literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …

productivity ; capacity utilization ; aggregation ; panel data … control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity … utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor …

This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP … suggests a role for geography in the observed dynamics. Our results are robust to the use of different estimation procedures …