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financial integration on the two main determinants of economic performance: productivity (TFP) and investments. I provide … financial crises: they depress both investments and TFP, and are favored by financial integration, though only to a minor extent …. The overall effect of financial liberalization is positive for productivity and negligible for investments. …
Persistent link: https://www.econbiz.de/10005463529
investments and TFP. Both levels and growth rates of productivity respond to financial liberalization and banking crises. The …This paper assesses the effects of international financial liberalization and banking crises on investments and … financial liberalization spurs productivity growth and marginally affects capital accumulation. Banking crises depress both …
Persistent link: https://www.econbiz.de/10005648774
financial integration on the two main determinants of economic performance: productivity (TFP) and investments. I provide … crises. Such episodes depress both investments and TFP, though they are triggered by financial integration only to a minor …
Persistent link: https://www.econbiz.de/10005572150
Persistent link: https://www.econbiz.de/10015055053
the investments in the infrastructure sphere as well as the main attraction factor for the private companies. …The development of the infrastructure has always represented a major priority at the level of all actors implied in the … the investment projects in the infrastructure attract a more and wider private organizations category which analyses the …
Persistent link: https://www.econbiz.de/10008498135
. Thus, the analysis needs to be carried into the future. On the basis of the forecasted determinants of growth one could … calculate the level of investment which is sufficient for the expected growth of income per capita. One could also quantify the … potential growth accompanied by the past, present and future level of investment. Differences between the actual investment and …
Persistent link: https://www.econbiz.de/10008633375
This study investigated the impact of infrastructure and human capital development on economic growth in transitional … infrastructure and human capital development on economic growth, no study that the author is aware of has so far explored whether the … interaction between infrastructure and human capital development enhances economic growth. The study mainly used a dynamic panel …
Persistent link: https://www.econbiz.de/10012020286
Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by … manufacturing over the 1970–2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure … the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only …
Persistent link: https://www.econbiz.de/10014183705
The present study tries to understand the trends and determinants of economic growth in Indian states. For this, it … considers two important determinants such as infrastructure and financial development. With the help of panel time series models …, the study concludes that although both the variables are highly correlated with economic growth, it is the social sector …
Persistent link: https://www.econbiz.de/10005087527
There is a consensus that jobs are vital in translating economic growth into lasting poverty reduction and social … initial levels of young and small firms and subsequent job growth, as evidenced in India. The economic geography of … more jobs. However, the link between entrepreneurship and job growth is not automatic. Cities that have a higher quality of …
Persistent link: https://www.econbiz.de/10009393233