The paper studies the causality relationship between economic openness and indigenous factors. the construction of the Openness Index and the Indigenous Index provides a measure on he extent of openness and indigenous development among world economies. the two indices are used to study their...

This article distinguishes openness from domestic performance as different growth determinants and uses nonparametric estimation to reveal their direct effects on GDP. On average, openness promotes growth, but its effect on growth is negative when the levels of openness and domestic performance...

This paper studies the income inequality and economic development relationship by using unbalanced panel data of OECD and non-OECD countries (regions) for the period 1962-2003. The nonparametric estimation results show that income inequality in OECD countries is almost on the backside of the...

This article uses a nonparametric varying coefficient panel data model to study the convergence of real GDP per capita among 120 world economies for the sample period of 1980-2010. The estimates show that the indirect contribution of initial income via the control variables is important. The...

We construct a new measure of the changing generosity of deposit insurance for many countries, empirically model the international influences on the adoption and generosity of deposit insurance, and show that the expansion of deposit insurance generosity increased asset risk in banking systems....