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This paper analyzes the relationship between political instability and economic growth in advanced economies. Using a … panel of 34 advanced economies from 1996 to 2020, we first employ a panel VAR estimated via System GMM, which allows us to … explore the endogenous relationship between economic growth and political instability and to identify potential transmission …
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quality and economic freedom matters in aid–growth relationship. To this base, a panel data covering the period 2002-2019 was … relationship between foreign aid and economic growth, and dynamic panel threshold regression is utilized to uncover the mediating … result from dynamic panel threshold regression shows that the effect of aid on economic growth is negative when arithmetic …
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panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a …This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a … sample of 43 developing and developed countries. Based on a robust dynamic panel setting, we conclude that increases in …
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of moments (GMM) estimators for a panel data model. The sample comprised data for 75 developed and developing countries … for the period 1996 to 2010. An inverted U-shaped non-linear relationship between finance and innovation was observed …. This finding implies that finance enhances innovation only up to a certain level. Beyond that level, further development of …
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