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'New' long run data regarding Norway, the Netherlands, United Kingdom and USA has been collected and will be graphically, statistically and econometrically compiled and analyzed to prove that real house prices in the long run are constant and mean reverting. Co-integration of nominal house...
Persistent link: https://www.econbiz.de/10014214419
This paper examines the impact of financial sector foreign direct investment (FSFDI) on economic growth by estimating a panel data model for 11 Central and Eastern European countries (CEECs) between 1996 and 2003 in a cross-country growth accounting framework. The analysis concentrates on the...
Persistent link: https://www.econbiz.de/10014060105
Many inquiries into whether and how finance supports economic growth use broad cross-country samples, combine countries at a different development stage, focus on the financial system at large, and rely on older data. Using recent (1995-2005) data, we investigate the finance-growth-nexus in a...
Persistent link: https://www.econbiz.de/10012714476
The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern about the opportunistic managerial behavior. The growing importance of knowledge and human capital in the operation of firms shifts the focus of concern: excessive ownership...
Persistent link: https://www.econbiz.de/10012733059
This paper examines the impact of financial sector foreign direct investment (FSFDI) on economic growth by estimating a panel data model for 11 Central and Eastern European countries (CEECs) between 1996 and 2003 in a cross-country growth accounting framework. The analysis concentrates on the...
Persistent link: https://www.econbiz.de/10012757136
This paper explores the relationship between ownership structure and firm value in firms listed on the Warsaw Stock Exchange. The results of the estimations, taking into account simultaneity and reverse causality, show that the relationship between ownership concentration and firm value differs...
Persistent link: https://www.econbiz.de/10014203546
This paper analyzes and reviews the rapid transformation of Russian telecommunications and Internet operators over the past 20 years, from small town phone service suppliers, to top-5 global players. The approach taken is a dynamic eco-systems oriented analysis of the past 20 years evolution, to...
Persistent link: https://www.econbiz.de/10014177919
An article reviewing Bulgaria's early market reforms implemented under harsh external conditions and considerable dislocation of the local economy. The article predicted that realistic growth scenarios for must be predicated on a debt and debt service reduction on Bulgaria's large external...
Persistent link: https://www.econbiz.de/10014182659
The note provides an argument for a rapid economic transition in Eastern Europe, inter alia, by comparing and contrasting the initial conditions and different institutional environments in Eastern Europe and China
Persistent link: https://www.econbiz.de/10014182665
Persistent link: https://www.econbiz.de/10014182844