finance regressions generates a rich set of new empirical predictions, e.g. on convergence and divergence, and on the growth … countries, and why some countries diverge from the world technology frontier in terms of their per capita GDP levels or growth … in explaining cross-country growth performance and cross-country convergence and divergence, following Lucas …

system is an essential aspect of the growth process. We focus on one component of this evolution: the increasing importance … of equity markets as an economy grows. We develop a growth model where capital accumulation is financed externally …

The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …

The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …

We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial … sector produces a straightforward result: a decrease in lending rates which stimulates R&D investment and economic growth …

We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial … sector produces a straightforward result: a decrease in lending rates which stimulates R&D investment and economic growth …

We develop a sieve bootstrap range test for poolability of cointegrating regressions in dependent panels and evaluate …

We show how to easily implement a Roy-Zellner test for poolability in STATA and we offer an application to the Grunfeld …

assumed to have common values across panel units. However, the assumption of poolability has not been studied extensively … reject and a set of series for which the poolability hypothesis fails. The method can be extended to analyse datasets with …