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Na bazie niezbilansowanego panelu danych dla okresu 1996 – 2004 oraz 207 panstw i terytoriow dokonano oceny znaczenia glebokich determinant wzrostu w determinowaniu poziomu rozwoju gospodarczego. W odroznieniu od dotychczasowej analizy empirycznej przedmiotu wykorzystano panelowe modele...
Persistent link: https://www.econbiz.de/10005533240
A number of recent papers study the impact of institutions, trade and geography known as “deep determinants” of …) approach allows us to obtain direct parameter estimates of the time invariant explanatory variables like geography or some … term. We find that the quality of institutions and openness to trade both have positive and statistically significant …
Persistent link: https://www.econbiz.de/10005656595
This paper provides an econometric examination of geographic R&D spillovers among countries by focusing on the issue of cross-sectional dependence, and in particular on the dierent ways { weak and strong { it may aect the model. A preliminary analysis based on the estimation of the exponent of...
Persistent link: https://www.econbiz.de/10011212350
This paper provides an econometric examination of geographic R&D spillovers among countries by focusing on the issue of cross-sectional dependence, and in particular on the different ways – weak and strong – it may affect the model. A preliminary analysis based on the estimation of the...
Persistent link: https://www.econbiz.de/10011212883
Persistent link: https://www.econbiz.de/10011690519
institutional quality matters. The quality of institutions in the Economic Community of West African States (ECOWAS) countries … influences bilateral trade. Political stability is an essential component of the quality of the institutions that determine trade …
Persistent link: https://www.econbiz.de/10013470712
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization schemes in federal states are one such institution. We examinewhether German state governments pursue sustainable fiscal policies taking intoaccount fiscal equalization...
Persistent link: https://www.econbiz.de/10010312187
We examine whether US and German state governments pursue sustainable fiscal policies taking into account fiscal transfers. Using panel data techniques we investigate whether the debt-to-GDP ratio had a positive influence on the primary surplus (Bohn-model). We show that including/excluding...
Persistent link: https://www.econbiz.de/10010352356
This paper provides new evidence on the influence of macroeconomic environment and institutional quality on stock market development, using data from 14 MENA countries over the period of 1990-2007. Using both panel data and instrumental variable techniques, we find that income level, saving...
Persistent link: https://www.econbiz.de/10009441711
institutional quality from developed to developing countries. First, a PTA may affect institutions because it can serve as a network … for political exchange and second, the regulations and commitments stipulated in it may affect local institutions in the … South. I empirically investigate if there are positive effects of being a member in a PTA on the quality of institutions in …
Persistent link: https://www.econbiz.de/10011957034