argue that China’s growth pattern is very similar to that of several other East Asia economies that initially grew very … China’s growth path and the growth paths of other East Asia economies at a similar stage of development. The growth paths of … other East Asia economies and the model predictions suggest that China’s growth will substantially slow, so much so that we …

reforms which aim at opening these countries to trade and financial channels to the rest of the world. The estimation of time …

The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth … data for two rounds the study attempts to assess the co-evolution of finance-growth-inequality in an intertemporal … is obtained from banks or lower if the household lives below poverty line. The same also holds for the rate of growth of …

This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between … results suggest that product market reforms mostly cause slight negative growth, except when implemented during periods of … neutral fiscal policy. Labour market reforms hurt growth under tight and neutral fiscal policy but are conducive to economic …

The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured … 2012-2018 and re-examine the nexus between corruption and economic growth. The cumulative long-run effect of corruption on … growth is that real per capita GDP decreased by around 17% when the reversed CPI increased by one standard deviation. The …

business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall … effects of firm size on TFP growth are negative …

and promotes growth. A stylized model is constructed to illustrate this type of hoarding behavior. The relevance of the … crisis period. Individual economy estimation results, however, show that the Joneses effect varies across economies …