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What do aggregate saving rates (not) show?

Ponomarenko, Alexey; Ponomarenko, Alexey - 2017

official statistics' point of view, households choosebetween spending, which generates additional income and consumption in the … between aggregate disposable income and consumption. It measures the change in net worth, which, in a closed economy, may only …

Persistent link: https://www.econbiz.de/10011751875

What do aggregate saving rates (not) show?

Ponomarenko, Alexey; Ponomarenko, Alexey - 2018

official statistics’ point of view, households choose between spending, which generates additional income and consumption in … difference between aggregate disposable income and consumption. It measures the change in net worth, which, in a closed economy …

Persistent link: https://www.econbiz.de/10011806421

Foreign Direct Investment as Technology Transferred : Some Panel Evidence from the Transition Economies

Campos, Nauro; Kinoshita, Yuko - 2002

Although the theoretical literature has identified various sizeable benefits from foreign direct investment inflows (FDI), the empirical literature has been unable to establish a positive and significant impact of FDI on the rates of economic growth of host countries. One reason for this...

Persistent link: https://www.econbiz.de/10014118275

Financial Sector Reform and Economic Growth in Morocco : An Empirical Analysis

Hassan, M. Kabir - 2018

This study analyzes the impact of financial sector reforms from the early 1990s on, promoting economic growth in Morocco. To derive feasible policy implications, we estimate not only pooled regressions, but also variance decompositions of GDP growth rates to examine what proxy measures of...

Persistent link: https://www.econbiz.de/10012909821

Is Life Insurance a Panacea in the Finance-Growth Nexus? : Evidences from 17 European Countries

Hou, Han - 2021

advanced European countries from 1980 to 2015, the empirical results show that the influence of private credit on real economic … for the negative findings. We find that increase the consumption of life insurance is a viable and long-term policy since … volatility but also absorbs the side effect of private credit on real growth …

Persistent link: https://www.econbiz.de/10013235718

Does the Institutionalization of Derivatives Trading Spur Economic Growth?

Rodrigues, Paulo - 2013

It is a widespread view that derivatives played a crucial role during the recent financial and economic crisis. This opinion manifested in headlines such as “Why Derivatives Caused Financial Crisis” and derivatives have been termed “Financial Weapons of Mass Destruction”. However, the...

Persistent link: https://www.econbiz.de/10013091486

Competition in the Banking Sector and Economic Growth : Panel-Based International Evidence

Gaffeo, Edoardo - 2014

This paper employs panel techniques to empirically examine the link between the competitiveness of the banking sector and real economic growth, using data from a sample of OECD economies during 1997-2010. We employ a dynamic GMM model to find that an increase in the efficiency of banks driven by...

Persistent link: https://www.econbiz.de/10013056407

State dependence in the finance-growth nexus : a functional coefficient approach

Herwartz, Helmut; Walle, Yabibal - 2013

Noting that "one size does not fit all" in the case of the finance-growth (FG) nexus, a growing body of literature has recently focused on uncovering economic conditions under which financial development could be beneficial (detrimental) to economic development. We look into these conditions by...

Persistent link: https://www.econbiz.de/10009752169

Financial Development and Economic Growth : New Evidence From Panel Data

Hassan, M. Kabir - 2018

This study provides evidence on the role of ﬁnancial development in accounting for economic growth in low- and middle-income countries classiﬁed by geographic regions. To document the relationship between ﬁnancial development and economic growth, we estimate both panel regressions and...

Persistent link: https://www.econbiz.de/10012909827

Correlates of Economic Growth in Developing Countries : A Panel Cointegration Approach

Neelankavil, James P. - 2011

The inflow of foreign direct investment (FDI) has been found to play a crucial role in the economic growth of receiving countries. Using panel cointegration techniques, this perception was found to be mitigated by an empirical approach that yields different results from previous studies. While...

Persistent link: https://www.econbiz.de/10013134639