In this paper, by employing the Generalized Method of Moment (GMM) techniques and Chinese provincial level data from 1991 to 2003, we empirically investigate the relationship between finance and growth in post-reform China. We find that financial development significantly promotes economic growth in coastal regions but not in inland regions; the weak finance-growth nexus in inland provinces has...

abstract: the main objective of this paper is to estimate the tourism impact on the economic growth of iranian provinces over the period of 2000-2010. for achieving this aim, the panel data approach has been used to the economic growth modeling. the empirical findings show that tourist receipts have a positive impact on the economic growth in iranian provinces. it was found that a 10 percent in...

Macro-prudential authorities need to assess medium-term downside risks the real economy, caused by severe financial shocks. Before activating policy measures, they also consider their short-term negative impact. This gives rise a risk management problem, an inter-temporal trade-off between expected growth and risk. Predictive distributions are estimated with structural quantile vector autoregre...

The paper discusses China's post-reform regional economic growth imbalance relative to input disparity in technology, physical and human capital. Financial sources and types of ownership are used to construct physical capital. Technology is measured by innovation investment, and human capital is constructed from schooling years per capita. The results show that domestic bank loans and foreign-o...

during recent years, a debate has been taking place on the relationship between economic growth and trade policies. the present article explores the impact of trade liberalization on economic growth in islamic countries. we chose a sample of 26 islamic countries and using the gmm method, estimated the correlation between trade liberalization and economic growth for the period 1990-2003. the emp...