A note on national leadership and technology in moderating finance-growth nexus

نویسندگان

چکیده

This paper seeks to determine the factors energising economic growth using balanced panel data between 1997 and 2017 from 44 developing economies. The heterogeneous estimator, namely pool mean group (PMG) estimator is utilised analyse data. We find national leadership, telecommunication technology finance significantly impact growth. Additionally, effects of on are both contingents upon exemplary leadership.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Poolability and the finance-growth nexus: a cautionary note

The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries. JEL codes: C23, O16

متن کامل

The Finance and Growth Nexus

Aubhik Khan* It is difficult to overemphasize the potential benefits of economic growth for improving human welfare. For example, Bangladesh, India, and Pakistan, three of the world’s lowest income nations, had real per capita GDP of $1908, $1633, and $1793, respectively, in 1992. In contrast, the equivalent values for three of the world’s highest income nations, Denmark, Sweden, and the United...

متن کامل

The Evolution of the Finance Growth Nexus

The role of the financial sector in economic growth received scant attention from economists until very recently. An explosion of research in the last 20 years has firmly entrenched the finance growth nexus in the canon of economic beliefs. This paper suggests that the literature might have over emphasised the strength of the nexus that is much more nuanced than often suggested. The most common...

متن کامل

Finance-growth Nexus in Bangladesh? an Empirical Analysis

We examine the empirical relationship between financial and economic growth in Bangladesh over the period of 1985-2014. Augmented Dickey Fuller (ADF) test is performed for checking the stationarity properties and it is revealed that all the concerned variables are stationary. Johansen cointegration method indicates that long-run cointegrating relationship prevails in some of the concerned varia...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Economics and Business Letters

سال: 2023

ISSN: ['2254-4380']

DOI: https://doi.org/10.17811/ebl.12.1.2023.68-74