Showing 1 - 10 of 1,046
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from …
Persistent link: https://www.econbiz.de/10011978646
Several recent empirical studies have examined determinants of economic growth using country average (cross … industrial and developing countries over 1960-85 to determine the quantitative importance for economic growth of both country … results provide support for the view that these factors exert a positive and significant influence on economic growth. They …
Persistent link: https://www.econbiz.de/10014395840
Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian...
Persistent link: https://www.econbiz.de/10014402807
the result of low TFP and thus GDP growth-not the cause …
Persistent link: https://www.econbiz.de/10012252005
Standard theoretical arguments tell us that countries with relatively little capital benefit from financial integration as foreign capital flows in and speeds up the process of income convergence. We show in a calibrated neoclassical model that conventionally measured welfare gains from this...
Persistent link: https://www.econbiz.de/10014402004
This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in … developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns … channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the …
Persistent link: https://www.econbiz.de/10012001589
economic growth becomes lower and interest rates and risk aversion increase. Our model implies that the cumulative effect of … related to future NPLs. The paper finally investigates the feedback effect of increasing NPLs on growth using a VAR model …
Persistent link: https://www.econbiz.de/10014397414
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...
Persistent link: https://www.econbiz.de/10011373929
-run relationship over the past two decades between fiscal expenditure policy and non?oil real GDP growth in member countries of the … that increases in fiscal expenditures tend to slow or accelerate non?oil real growth in these countries. However, the …-run non?oil real GDP growth …
Persistent link: https://www.econbiz.de/10014401233
This paper investigates the empirical characteristics of business cycles and the extent of cyclical comovement in the Gulf Cooperation Council (GCC) countries, using various measures of synchronization for non-hydrocarbon GDP and constituents of aggregate demand during the period 1990-2010. By...
Persistent link: https://www.econbiz.de/10014397084