Yongfu Huang

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This paper studies the fundamental determinants of crosscountry di¤erences in …nancial development. Two prominent tools for addressing model uncertainty, Bayesian Model Averaging and General-to-speci…c approaches, are jointly applied to investigate the …nancial development e¤ects of a wide range of variables taken from various sources. The analysis suggests(More)
In order to identify natural products for plant disease control, the essential oil of star anise (Illicium verum Hook. f.) fruit was investigated for its antifungal activity on plant pathogenic fungi. The fruit essential oil obtained by hydro-distillation was analyzed for its chemical composition by gas chromatography (GC) and gas chromatography-mass(More)
  • Yongfu Huang, Jonathan Temple, Stephen Bond, Edmund Cannon, David Demery, David Winter
  • 2005
Several recent papers have argued that trade and financial development may be linked, either for political economy reasons, or because foreign competition and exposure to shocks lead to changes in the demand for external finance. In this paper we use the crosscountry and time-series variation in openness to study the relationship between trade and finance(More)
UNU-WIDER gratefully acknowledges specific programme contributions from the governments of Denmark (Ministry of Foreign Affairs, Danida) and Sweden (Swedish International Development Cooperation Agency—Sida) for ReCom. UNU-WIDER also gratefully acknowledges core financial support to its work programme from the governments of Denmark, Finland, Sweden, and(More)
UNU-WIDER gratefully acknowledges specific programme contributions from the governments of Denmark (Ministry of Foreign Affairs, Danida) and Sweden (Swedish International Development Cooperation Agency—Sida) for ReCom. UNU-WIDER also gratefully acknowledges core financial support to its work programme from the governments of Denmark, Finland, Sweden, and(More)
UNU-WIDER gratefully acknowledges specific programme contributions from the governments of Denmark (Ministry of Foreign Affairs, Danida) and Sweden (Swedish International Development Cooperation Agency—Sida) for ReCom. UNU-WIDER also gratefully acknowledges core financial support to its work programme from the governments of Denmark, Finland, Sweden, and(More)
UNU-WIDER gratefully acknowledges specific programme contributions from the governments of Denmark (Ministry of Foreign Affairs, Danida) and Sweden (Swedish International Development Cooperation Agency—Sida) for the Research and Communication (ReCom) programme. UNU-WIDER also acknowledges core financial support to UNU-WIDER's work programme from the(More)
This paper studies the e¤ect of political liberalisation on …nancial development in two steps. First, the paper examines whether political liberalisation in terms of institutional improvement promotes …nancial development, using a panel dataset of 90 developed and developing countries over 1960-99. The empirical evidence reveals a positive effect on(More)
  • Conor M O 'toole, Finn Tarp, Tony Addison, Imed Drine, James Thurlow, Rachel Gisselquist +6 others
  • 2012
This paper considers the effect of corruption on the effciency of capital investment. Using firm-level level data from the World Bank enterprise surveys, covering 90 developing and transition economies, we consider whether the cost of informal bribe payments distorts the efficient allocation of capital by reducing the marginal return per unit investment.(More)