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The globalisation is supposed to reduce regional inequality, poverty and promote sustainability and improve overall human quality. Several studies have provided contradictory results in regard to the effect of globalisation, either in case of growth of GDP, or reduction in inequality and poverty...
Persistent link: https://www.econbiz.de/10014182773
This paper analyses the impact of development and efficiency of financial sector on economic growth of a group of selected developing countries using a cross-country data averaged over the period 2005-2009. The results show that the impact of financial sector efficiency on economic growth is...
Persistent link: https://www.econbiz.de/10012907623
The debate that rapid globalization over the past decades is a leading cause of increased income inequality within developed economies has been far from conclusive, including Dorn et al. (2018). We depart from existing studies by extending an earlier empirical framework by Gaston and Rajaguru...
Persistent link: https://www.econbiz.de/10014031610
The globalisation is supposed to reduce regional inequality, poverty and promote sustainability and improve overall human quality. Several studies have provided contradictory results in regard to the effect of globalisation, either in case of growth of GDP, or reduction in inequality and poverty...
Persistent link: https://www.econbiz.de/10009687635
The objective of this study is to investigate the relationships between tourism development and economic growth in … relationship between tourism development and economic growth using Granger causality tests in a multivariate model and using the … annual data for the 1995–2009 period. The study finds no evidence to support the tourism-led growth hypothesis. The results …
Persistent link: https://www.econbiz.de/10013113743
This paper studies the impact of the EU Structural Funds Programs for 1989-93 on the growth path of the major recipient countries, Greece, Ireland and Portugal. It uses an endogenous growth model of private, public and human capital accumulation in which the public sector and current account...
Persistent link: https://www.econbiz.de/10014101776
Persistent link: https://www.econbiz.de/10011708891
Inbound tourism expenditure creates direct, indirect, and induced economic effects on the national economy. It … generates national income in tourism as well as in the whole economy. Inbound tourism expenditure represents an "invisible … export" for destinations that can contribute to the increase of national income. The economic impact of tourism has a growing …
Persistent link: https://www.econbiz.de/10015421314
The aim of this paper is to bring together information that the authors' have collected about micro-enterprises (MSMEs) in Romania and to examine their impact on the development of sustainable rural livelihoods. As these firms operate in fixed locations and are therefore more easily located and...
Persistent link: https://www.econbiz.de/10014065994
The identification of potential innovation efforts plays an important role in evaluating the innovation process. The innovation efforts of firms in developing countries might be different to those of Western enterprises. This paper evaluates innovation processes in developing countries,...
Persistent link: https://www.econbiz.de/10011978536