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High instability and low growth characterize the macroeconomic performance of most developing countries. Inadequate policies are often to blame. This paper documents the empirical regularities that characterize the relationship between macroeconomic-financial policies, instability, and growth...
Persistent link: https://www.econbiz.de/10012947088
According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes to the literature by investigating the unconditional...
Persistent link: https://www.econbiz.de/10014307771
This paper revisits the hypothesis that landlocked regions are systematically poorer than regions with ocean access, using panel data for 1,527 subnational regions in 83 nations from 1950-2014. This data structure allows us to exploit within-country-time variation only (e.g., regional variation...
Persistent link: https://www.econbiz.de/10011750132
in FDI inflows reduces CO2 emissions by 0.006% in the long-term period. A percentage increase in economic growth also …
Persistent link: https://www.econbiz.de/10014442272
This paper aims to analyze the role of FDI inflow in the Russian economy and determine the degree of impact on the …, it is considered that the FDI can transmit technology and development to the host country, but this paper shows that in … the case of Russia, the role of FDI inflow into the country has an endogenous component, which does not exert a robust …
Persistent link: https://www.econbiz.de/10012421981
This study re-examines the stock market development and economic growth nexus. Also, examine the moderating role of foreign capital inflows and exchange rate on the relationship between stock market development and economic growth of Malaysia during 1981–2016. This study applies Granger test,...
Persistent link: https://www.econbiz.de/10011905769
This study re-examines the stock market development and economic growth nexus. Also, examine the moderating role of foreign capital inflows and exchange rate on the relationship between stock market development and economic growth of Malaysia during 1981–2016. This study applies Granger test,...
Persistent link: https://www.econbiz.de/10011881225
actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology …
Persistent link: https://www.econbiz.de/10011718208
Persistent link: https://www.econbiz.de/10011894034
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we … to (i) estimate the direct impact of DTAs on FDI, (ii) translate the partial DTA estimates into general equilibrium … effects on FDI; and (iii) obtain partial DTA effects on trade and quantify the impact of DTAs on FDI through trade. We obtain …
Persistent link: https://www.econbiz.de/10013384905