One-way effect or multiple-way causality: foreign direct investment, institutional quality and shadow economy?International Economics and Economic Policy - Tập 17 - Trang 219-239 - 2019
Cong Minh Huynh, Vu Hong Thai Nguyen, Hoang Bao Nguyen, Phuc Canh Nguyen
This paper empirically investigates the three-way linkages amongst foreign
direct investment (FDI), shadow economy and institutional quality by applying
the panel dynamic simultaneous-equation modelling approach for a sample of 19
developing Asian countries over the period of 2002–2015. The empirical results
by two-step System GMM show that institutional quality attracts inward FDI and
FDI in its ... hiện toàn bộ
Environmental policy and convexity of climate change damage functions: an experiment with New Keynesian DSGE modelInternational Economics and Economic Policy - Tập 19 - Trang 581-614 - 2022
Samuel Kwesi Dunyo
The paper seeks out to investigate how varying degree of convexity of climate
change damage function affect economic output and the dynamic response of
macroeconomic variables to shocks under different environmental policy regimes.
In an economy featuring nominal rigidities and monopolistically competitive
firms together with climate change mitigation policy and firm abatement effort,
the results ... hiện toàn bộ
Expectation shocks and fiscal rulesInternational Economics and Economic Policy - Tập 16 - Trang 357-377 - 2017
Dennis Wesselbaum
This paper discuss expectation (or news) shocks to government expenditures:
consumption or investment spending in an otherwise standard RBC model of the
U.S. economy. In addition, we study the differences emerging from modelling
fiscal policy with and without fiscal rules. We find that news about future
fiscal policy generate dramatically different effects, if fiscal policy follows
a rule. Our fin... hiện toàn bộ
The European Union’s immigration policy: a stalled form of the strategy of conflict?International Economics and Economic Policy - Tập 12 - Trang 239-256 - 2014
Maurizio Mistri, Gabriele Orcalli
More than 10 years after the Amsterdam Treaty, which transferred competences on
immigration and asylum matters to common jurisdiction, the EU Commission is
asking for a “genuine” European immigration policy. In our view, such a genuine
policy must consider the common control of immigration flows, unequivocally
rejected by both the Amsterdam and Lisbon Treaty for reasons that are rooted in
the poli... hiện toàn bộ
Convergence crisis: economic crisis and convergence in the European UnionInternational Economics and Economic Policy - Tập 9 - Trang 297-322 - 2012
Péter Halmai, Viktória Vásáry
The success of the integration process of the new EU Member States is reflected
by the convergence performance. Sustainable convergence assumes that potential
growth rates of the less developed countries continuously exceed the dynamics of
the potential output of the developed countries. However, the financial and
economic crisis of 2008 has resulted in a fundamentally new situation as regards
the... hiện toàn bộ
Do trade openness and governance matter for economic growth in Africa? A case of EAC and WAEMU countriesInternational Economics and Economic Policy - Tập 20 - Trang 389-412 - 2023
Ashiru Ibrahim, Michael Rabiu Abdulmalik
The relationship between trade and growth as well as governance and growth
especially in developing countries has been well researched but is yet
concluded. In this light, this study examined the roles of trade openness and
governance on economic growth in the East African Community (EAC) and West
African Economic and Monetary Union (WAEMU) member countries. Using the fixed
effect panel estimation... hiện toàn bộ