This study investigates the relationship between financialisation and economic growth in Croatia, focusing on the … economic growth in Croatia. However, the Granger causality test does not indicate a definitive causal direction between these … enhance economic growth through better resource allocation and increased investment, it may also pose risks such as financial …

The dynamic impact of financial market capitalisation on South Africa's unemployment and economic growth is empirically … VECM model. South Africa continues to face persistent macroeconomic issues, including stagnant economic growth, declining … all have a favourable and substantial effect on economic growth. According to VECM estimation results, unemployment has a …

This paper empirically investigates the short- and long-term impact of public expenditure on economic growth. We use …

Research on the relationship between oil wealth and economic growth has shown that the impact of oil can depend on … reveal that the effect of oil wealth on economic growth varies with the size of the underground economy. Specifically, the … through which oil wealth negatively affects long-term economic growth. The economic implication of this finding is that for …

This paper empirically studies how foreign direct investment affects economic growth and how this effect depends on … institutional quality exceeds this value, foreign direct investment contributes positively to economic growth. In particular, we … observe that FDI facilitates economic growth in most ASEAN countries when institutional quality is above the threshold value …