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This paper reviews the literature on the finance-growth nexus within a neoclassical growth framework, placing an … Agenda. While more research is needed to establish causality and verify the theoretical channels linking access to finance …
Persistent link: https://www.econbiz.de/10011604833
The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …
Persistent link: https://www.econbiz.de/10010273090
The present contribution tests whether countries can be pooled when studying the finance-growth nexus. Overall, our …
Persistent link: https://www.econbiz.de/10010273103
A growing body of recent macroeconomic evidence suggests that volatility is detrimental to economic growth. The channels through which volatility affects growth, however, are less clear; substantive evidence based on disaggregate data is almost non-existent. This paper offers a framework in...
Persistent link: https://www.econbiz.de/10010278247
The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurprising, given both the low absolute volume of capital flows involved and the general neglect of...
Persistent link: https://www.econbiz.de/10010284664
Persistent link: https://www.econbiz.de/10000960482
Persistent link: https://www.econbiz.de/10000791587
Persistent link: https://www.econbiz.de/10001392867
Purpose - In a meta-study, we have bridged the gap between the pros and cons of a questionable finance-growth nexus … genuine effect exists between financial development and economic growth. A finance-growth nexus might not be appealing in our … consistent with the mainstream positive finance-growth nexus should provide new scholarly insights into the relationship …
Persistent link: https://www.econbiz.de/10011409927
Purpose - In a meta-study on the finance-growth nexus, we have bridged the gap between Schumpeterian authors and … sympathizers of a questionable finance-growth nexus. Design/methodology/approach - Over 20 fundamental characteristics that have … focused on the finance-growth nexus. …
Persistent link: https://www.econbiz.de/10011410019