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market capitalization has a positive and significant impact on economic growth in the long term, the turnover ratio and … economic growth. The results of the ARDL test reveal that the speed of adjustment towards long-run equilibrium after a short …This study examines the impact of the Khartoum Stock Exchange market performance on economic growth in Sudan from Q1 …
Persistent link: https://www.econbiz.de/10012311623
The aim of this paper is to analyze and test the effects of capital market development on the per-capita GDP growth in … Saudi Arabian economy covering the period of 1985-2018. An ARDL, FMOLS and Johansen tests are implemented. The stock market … indicators: share price index, capitalization, liquidity, number of share transactions, and number of shares are employed using a …
Persistent link: https://www.econbiz.de/10012506117
) growth. Design/methodology/approach - This study uses the autoregressive distributed lag approach to estimate two … from 1980 to 2015. Findings In long run, the study finds that relationship between economic growth and poverty is …
Persistent link: https://www.econbiz.de/10012156882
annual data over the period 1970- 2004. The empirical analysis employs a hybrid model for income growth using the ARDL …We present time series evidence theoretically consistent with the New Keynesian view for income growth, using Greek … approach to co integration. Evidently, growth financing, under changing fiscal and monetary regimes and interest rates …
Persistent link: https://www.econbiz.de/10008475676
capitalization – the “Buffet indicator” – forecasts low subsequent equity returns, and low – rather than high – cashflow growth …This paper presents annual stock market capitalization data for 17 advanced economies from 1870 to today. Extending our …
Persistent link: https://www.econbiz.de/10011941845
We propose a new measure of financial intermediary constraints based on how the intermediaries manage their tail risk exposures. Using a unique dataset for the trading activities in the market of deep out-of-the-money S&P 500 put options, we identify periods when the variations in the net amount...
Persistent link: https://www.econbiz.de/10012905688
private sector relative to GDP) and growth for a sample of 65 less developed countries over a long period, 1980-2006. Using …, the pooled mean group model and dynamic fixed effect model show two opposite long-term relationships: finance-to-growth … relationship is negative whereas growth-to-finance link is positive. …
Persistent link: https://www.econbiz.de/10009277852
studying an environment in which a trade-off between risk sharing and growth arises endogenously. Financial intermediaries …-sharing and growth. We show the mix of intermediaries and market that maximizes welfare depend on parameter values …
Persistent link: https://www.econbiz.de/10004970349
growth. At early stages of development, the presence of indivisible projects limits the degree of risk … inability to diversify idiosyncratic risks introduces high uncertainty in the growth process. The typical development pattern … financial deepening and lastly, steady growth. ‘Lucky’ countries will spend relatively less time in the primitive accumulation …
Persistent link: https://www.econbiz.de/10005124312
studying an environment in which a trade-off between risk sharing and growth arises endogenously. Financial intermediaries …-sharing and growth. We show the balance of intermediaries and market that maximizes welfare depend on parameter values. …
Persistent link: https://www.econbiz.de/10005130194