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We study the relationship between foreign debt and GDP growth using a panel dataset of 50 countries from 1997 to 2015. We find that economic growth correlates positively with foreign debt and that the relationship is causal in nature by…

综合经济学 · 经济学 2022-11-08 Tomoo Kikuchi , Satoshi Tobe

We estimate the causal effect of external debt on greenhouse gas emissions in a panel of 78 emerging market and developing economies over the 1990-2015 period. Unlike previous literature, we use external instruments to address the potential…

综合经济学 · 经济学 2024-04-23 Jorge Carrera , Pablo de la Vega

Small and Medium Enterprises (SMEs) access to external finance is an issue of significant research interest to academicians. Commercial banks consider many SMEs not to be credit worthy because of their inability to meet some banking…

综合金融 · 定量金融 2020-10-26 David Haritone Shikumo , Mwangi Mirie

This article conducts a literature review on the topic of monetary policy in developing countries and focuses on the effectiveness of monetary policy in promoting economic growth and the relationship between monetary policy and economic…

综合经济学 · 经济学 2023-03-07 Marouane Daoui

This study uses Vector Autoregression (VAR) Methodology as well as Vector Error Correction (VEC) Methodology to examine the existence and direction of causality between economic growth and IMF lending for Ukraine. The paper examines the IMF…

经济学 · 定量金融 2015-09-08 Roman Kononenko

This paper aims to study the impact of public and private investments on the economic growth of developing countries. The study uses the panel data of 39 developing countries covering the periods 1990-2019. The study was based on the…

综合经济学 · 经济学 2021-06-01 Faruque Ahamed

A significant number of the non-financial firms listed at Nairobi Securities Exchange (NSE) have been experiencing declining financial performance which deter investors from investing in such firms. The lenders are also not willing to lend…

综合金融 · 定量金融 2020-11-09 David Haritone Shikumo , Oluoch Oluoch , Joshua Matanda Wepukhulu

A significant number of the non-financial firms listed at Nairobi Securities Exchange (NSE) have been experiencing declining financial performance which deter investors from investing in such firms. The lenders are also not willing to lend…

综合金融 · 定量金融 2021-11-15 David Haritone Shikumo , Oluoch Oluoch , Joshua Matanda Wepukhulu

With negative growth in real production in many countries and debt levels which become an increasing burden on developed societies, the calls for a change in economic policy and even the monetary system become louder and increasingly…

综合金融 · 定量金融 2012-06-08 Andreas Hula

Microfinance provides strength to boost the economic activities of low-income earners and thus contributes to eradication of poverty. However, microfinance institutions face stringent competition from commercial banks; the growth of…

综合金融 · 定量金融 2020-10-26 King'ori S. Ngumo , Kioko W. Collins , Shikumo H. David

This study re-examines the impact of natural disasters on economic growth in the perspective of developed and developing countries. Based on panel data consisting of developing and developed countries over the period 1990-2019 and using…

物理与社会 · 物理学 2023-04-25 Sharmistha Chakrabarti , Yuanmeng Yang , Shuman Zhang , Md Shah Naoaj , Xinru Chen

This study suggests a new decomposition of the effect of Foreign Direct Investment (FDI) on long-term growth in developing countries. It reveals that FDI not only have a positive direct effect on growth, but also increase the latter by…

综合经济学 · 经济学 2019-04-11 Brahim Gaies , Khaled Guesmi , Stéphane Goutte

In order to investigate whether government regulations against corruption can affect the economic growth of a country, we analyze the dependence between Gross Domestic Product (GDP) per capita growth rates and changes in the Corruption…

综合金融 · 定量金融 2009-11-13 Boris Podobnik , Jia Shao , Djuro Njavro , Plamen Ch. Ivanov , H. Eugene Stanley

The paper examined the impact of agricultural credit on economic growth in Bangladesh. The annual data of agriculture credit were collected from annual reports of the Bangladesh Bank and other data were collected from the world development…

综合经济学 · 经济学 2023-09-11 Md. Toaha , Laboni Mondal

This paper presents a model that studies the impact of credit expansions arising from increases in collateral values or lower interest rate policies on long-run productivity and economic growth in a two-sector endogenous growth economy,…

理论经济学 · 经济学 2024-05-10 Tomohiro Hirano , Joseph E. Stiglitz

Scholars and policymakers have vigorously debated what the impact of government spending on economic growth is. Some current research and theoretical models suggest that the reaction of economic growth to the extension of government…

综合经济学 · 经济学 2025-10-06 Leanghak Hok , Zoltan Bartha

We estimate the relationship between GDP per capita growth and the growth rate of the national savings rate using a panel of 130 countries over the period 1960-2017. We find that GDP per capita growth increases (decreases) the growth rate…

综合经济学 · 经济学 2021-06-28 Markus Brueckner , Tomoo Kikuchi , George Vachadze

Financial inclusion is touted one of the principal drivers for economic growth for an economy. The study aims to explore the impact of financial inclusion on economic growth in Bangladesh. In my study, I used the number of loan accounts as…

综合经济学 · 经济学 2024-01-23 Ganapati Kumar Biswas

Do governments adjust budgetary policy to rising public debt, precluding fiscal unsustainability? Using budget data for 52 industrial and emerging economies since 1990, we apply panel methods accounting for cross-sectional dependence and…

综合经济学 · 经济学 2025-07-18 Paolo Canofari , Alessandro Piergallini , Marco Tedeschi

Based on the quarterly data from 26 advanced economies (AEs) and 18 emerging market economies (EMs) over the past two decades, this paper estimates the short- and medium-term impacts of financial cycles on the duration and amplitude of…

综合经济学 · 经济学 2024-04-29 Tianbao Zhou , Zhixin Liu , Yingying Xu
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