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This paper presents one of the first empirical studies that employ the regression kink model with an unknown threshold to estimate the turning point in the relationship between inflation and economic growth. To deal with the asymptotic non‐normality of the regression function, we use a...
Persistent link: https://www.econbiz.de/10012822787
The study set out to investigate whether China’s rise complements or competes with Africa’s manufacturing sectors, using a system GMM estimator. The findings reveal that imports of intermediate manufactured goods from China boost manufacturing production in African economies but that total...
Persistent link: https://www.econbiz.de/10013323431