Showing 1 - 10 of 294,491
unit root and panel cointegration analysis in 16 selected low-income countries for the period of 20 years from 1995 to 2014 … exists a cross-sectional dependence across the countries. The Pedroni’s panel cointegration analysis provides clear support …
Persistent link: https://www.econbiz.de/10011904249
Nepal employing the Autoregressive distributed lag (ARDL) approach of cointegration using the annual datafrom 1980 to 2017 …, examines the role of overall financial development, financial institutions, and financial markets in the export performance of …. The results show that financial development does not have a strong long-run positive relationship with the export …
Persistent link: https://www.econbiz.de/10014001465
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010340261
Financial inclusion and gender equality are the key constituents of the principle of “leaving no one behind” upheld by the Sustainable Development Goals, which emphasise a holistic approach for the sustainable development of all. Financial inclusion and gender equality are interrelated...
Persistent link: https://www.econbiz.de/10015375241
Using a panel of 139 countries over the period 1992-2003, we analyse the links between export productivity, economic … exert a positive and significant effect on export productivity. Except for Brazil, financial development is not an important … determinant of export productivity. Moreover, except for Brazil, export productivity plays a positive effect on growth, and so …
Persistent link: https://www.econbiz.de/10010284554
In this paper we examined the impact of the liberalization of financial sector on growth in small open economy of Ghana using time series data from 1970 to 2007. Using autoregressive distributed lag (ARDL) modelling approach we find long-run positive and significant impact of financial...
Persistent link: https://www.econbiz.de/10014210241
The small sample performance of system Generalized Method of Moments (GMM) and an alternative Transformed Maximum Likelihood (TML) estimator is investigated in Monte Carlo simulations, implementing a data generating process that tracks important features inherent in dynamic panels used in...
Persistent link: https://www.econbiz.de/10012934827
financial development and economic growth. The results of panel cointegration analysis suggest that there is two …-way cointegration relationship from GDP to GCF and BM in short-run as well as in long-run however, the relationship is one-way, that is …
Persistent link: https://www.econbiz.de/10013246131
financial development and economic growth. The results of panel cointegration analysis suggest that there is two …-way cointegration relationship from GDP to GCF and BM in short-run as well as in long-run however, the relationship is one-way, that is …
Persistent link: https://www.econbiz.de/10012237407
It is well established that financial development and innovation promote economic growth through improving the allocation of capital, enhancing risk management, contributing to price discovery, and increasing market efficiencies. While a vast empirical literature is devoted to the nexus between...
Persistent link: https://www.econbiz.de/10015197706