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This paper surveys the existing literature on the relationship between inflation and economic growth in developed and … developing countries, highlighting the theoretical and empirical indications. The study finds that the impact of inflation on … overwhelming support in favour of a negative relationship between inflation and growth, especially in developed economies. However …
Persistent link: https://www.econbiz.de/10011875376
The impact of financial development (FD) on economic growth (EG) is well documented. However, studies on how inflation … mediates the impact of FD on EG produce inconclusive findings. Meanwhile, the tripartite relationship among FD, inflation and … policy making. This study therefore re-examines whether inflation mediates the FD–EG nexus by utilizing a panel data obtained …
Persistent link: https://www.econbiz.de/10013431455
It can be argued that the competitiveness of an industry consists of two main parts: The production conditions and the utilization of these. The production conditions are largely determined by factors exogenous to the firms comprising the industry, including the economic environment, regulatory...
Persistent link: https://www.econbiz.de/10012125238
Quantifying productivity is a conditio sine qua non for empirical analysis in a number of research fields. The …-to-date overview of issues and relevant solutions associated with this choice. Methods of productivity measurement are surveyed and …
Persistent link: https://www.econbiz.de/10014208142
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We build a quasi real-time leading indicator (LI) for the EU industrial production (IP). Differently from previous studies, the technique developed in this paper gives rise to an ex-ante LI that is immune to "overlapping information drawbacks". In addition, the set of variables composing the LI...
Persistent link: https://www.econbiz.de/10011539862
economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived … from several sub-indices (trade freedom index, financial freedom, labor freedom, business and fiscal freedom index). The … cumulative economic freedom index show us how open and business friendly a country is. The sub-indices show us openness across …
Persistent link: https://www.econbiz.de/10011448023
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