How does foreign direct investment really affect developing countries' growth?
D Herzer - Review of International Economics, 2012 - Wiley Online Library
Two main contributions to literature on foreign direct investment (FDI) and economic growth
are made in this paper. First, the paper examines the effect of FDI on economic growth for 44 …
are made in this paper. First, the paper examines the effect of FDI on economic growth for 44 …
The Fourier approximation and testing for the null of cointegration
CC Tsong, CF Lee, LJ Tsai, TC Hu - Empirical Economics, 2016 - Springer
In this paper, we propose a test to investigate the null of cointegration allowing for structural
breaks of unknown form in deterministic trend by using the Fourier form. The test is …
breaks of unknown form in deterministic trend by using the Fourier form. The test is …
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
We assess the sustainability of public finances in OECD countries, over the period 1970-
2010, using unit root and cointegration analysis, both country and panel based, controlling …
2010, using unit root and cointegration analysis, both country and panel based, controlling …
On the Italian public accounts' sustainability: A wavelet approach
C Magazzino, F Forte, L Giolli - International Journal of Finance …, 2022 - Wiley Online Library
In this paper we analyse the relationship between public primary deficit and debt for Italian
sustainability over the 1862–2013 years. Our empirical strategy uses the wavelet analysis …
sustainability over the 1862–2013 years. Our empirical strategy uses the wavelet analysis …
Testing for fiscal sustainability: New evidence from the G-7 and some European countries
SW Chen - Economic Modelling, 2014 - Elsevier
Whether or not a government deficit is sustainable has important implications for policy. If the
debt of a nation is sustainable, then it implies that the government should have no incentive …
debt of a nation is sustainable, then it implies that the government should have no incentive …
The Italian fiscal sustainability in a long-run perspective
C Magazzino, MI Mutascu - The Journal of Economic Asymmetries, 2022 - Elsevier
In this paper, we analyze the relationship between government expenditures and revenues
for Italy over the period 1862–2013. The analysis of the expenditures-revenues nexus is …
for Italy over the period 1862–2013. The analysis of the expenditures-revenues nexus is …
Asymmetries in the revenue–expenditure nexus: A tale of three countries
SM Paleologou - Economic Modelling, 2013 - Elsevier
The objective of this paper is to examine the government revenue and expenditure
relationship in the context of what is known as the soft and hard budget constraint strategy …
relationship in the context of what is known as the soft and hard budget constraint strategy …
Seçilmiş OECD Ülkelerinde Bütçe Açiklarinin Sürdürülebilirliği: Yatay Kesit Bağimliliği Altinda Panel Eş–Bütünleşme Analizi
İ Göçer - Yaşar Üniversitesi E-Dergisi, 2013 - dergipark.org.tr
Bütçe açıklarının sürdürülebilirliği, birçok ülke için, en önemli makroekonomik sorunlardan
biridir. Yunanistan, İtalya, İspanya, Portekiz ve İrlanda ekonomilerinin sarsılmasının temel …
biridir. Yunanistan, İtalya, İspanya, Portekiz ve İrlanda ekonomilerinin sarsılmasının temel …
The elusive character of fiscal sustainability
We assess the sustainability of public finances in OECD countries using unit root and
cointegration analysis, controlling for endogenous breaks. Results deem fiscal sustainability …
cointegration analysis, controlling for endogenous breaks. Results deem fiscal sustainability …
A longer-run perspective on fiscal sustainability
We investigate the sustainability of fiscal policy in a set of 19 countries by taking a longer-run
secular perspective over the period 1880–2009. Via a systematic analysis of the stationarity …
secular perspective over the period 1880–2009. Via a systematic analysis of the stationarity …