• Corpus ID: 29983050

Impact of Financial Crises on Growth and Investment : An Analysis of Panel Data

@inproceedings{Ksantini2014ImpactOF,
  title={Impact of Financial Crises on Growth and Investment : An Analysis of Panel Data},
  author={Majdi Ksantini and Younes Boujelbene},
  year={2014}
}
This paper examines the impact of financial crises on GDP growth and investment. These relationships are analyzed through a dynamic panel model. The model also includes control variables that may explain variations in growth and investment. Our panel consists of twenty-five countries and the study period lasted from 1998 to 2009. This period can follow the changes in growth and investment over the last decade and make us understand the impact of financial crisis on them. The main results show… 

Tables from this paper

The Effect of Financial Crises on Growth and FDI in some African Countries: A Panel VECM Approach

: This study investigates the effects of financial crises on economic growth and foreign direct investment in some African countries. A panel vector error correction model is used for the analysis of

COMPARATIVE ANALYSIS OF FINANCIAL SYSTEMS IN CONTEXT OF GLOBAL FINANCIAL CRISIS

Purpose: This study is aimed at analysing the relative effect of global financial crisis across diverse category countries. Methodology/Sampling: The top 50 countries of world are selected and

Does financial deepening matter in financial crisis? An empirical investigation of developed and emerging economies

This study explores the impact of financial deepening on financial crises in United State of America and Pakistan. The study uses the annual data on financial crisis and financial deepening ranging

Macro-drivers and Over-investment of Russian Companies

A consideration of investment activity in relation to macroeconomic factors suggests that companies have an optimal investment policy. In the majority of studies that analyze companies’ investment

Determinants of Bank Capital Structure

This paper examines which determinants of bank capital structure are reliably decisive for 15 publicly traded European and American banks from 2006 to 2015. Common factors of leverage such as Profit,

Impact of Covid-19 on India’s Stock Market

  • A. JindalRajeev PrasharBhupinder Ps Chahal
  • Economics
  • 2020
The global outbreak of COVID-19 has severely impacted the financial markets because of lockdown and decreasing demand in the whole world. The fall in the price of crude oil has further deteriorated

FAO’s new macro-economic statistics: Agricultural Capital Stock and Agro-Industry Measurement

This paper reports on recent work in FAO’s Statistics Division (ESS) in developing two new global agricultural statistics databases: an analytical database that estimates agricultural capital stock,

Financial Engineering and Portfolio Design Problem

  • Economics
    Algorithms for Solving Financial Portfolio Design Problems
  • 2020
Any financial institution is in charge of assigning to a client's portfolio a set of assets in a reliable way by minimizing the risk of loss and maximizing gain. All portfolios should share in an

GDP Growth and Health Care Expenditures Worldwide

  • Milos Stepovic
  • Medicine
    The Open Pharmacoeconomics & Health Economics Journal
  • 2019
The main aim of this literature review is the summation of all factors affecting the GDP and healthcare expenditure and proposing possible strategies for the development of sustainable health systems.

References

SHOWING 1-9 OF 9 REFERENCES

International Evidence on Recovery from Recessions

Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate

Eurosclerosis or Financial Collapse; Why Did Swedish Incomes Fall Behind?

Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or

Is the crisis problem growing more severe

Financial crises Lessons from the last 120 years The crisis problem is one of the dominant macroeconomic features of our age. Its prominence suggests questions like the following: Are crises growing

Inequality and Growth in a Panel of Countries

Evidence from a broad panel of countries shows little overall relation between income inequality and rates of growth and investment. For growth, higher inequality tends to retard growth in poor

Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations

This paper presents specification tests that are applicable after estimating a dynamic model from panel data by the generalized method of moments (GMM), and studies the practical performance of these

Migrations, Transferts, Gouvernance et Croissance dans les Pays d’Afrique sub-saharienne: Une analyse à partir de données de panel

Cette etude porte sur le role de la gouvernance dans la relation entre transferts de fonds et croissance cconomique dans les pays d’Afrique sub-saharienne a partir de donnees de panel sur la periode

The Aftermath of Financial Crises,” American Economic Review, 99(2), 466-472

  • Roodman, D. 2009. “How to do xtabond2: An introduction to difference and system GMM in Stata,” Stata Journal, StataCorp. LP, 9(1), 86-136. Sargan, J. 1958. “The estimation of economic relationships using instrumental variables,”
  • 2009

A finite sample correction for the variance of linear two-step GMM estimators

Monte Carlo studies have shown that estimated asymptotic standard errors of the efficient two-step generalised method of moments (GMM) estimator can be severely downward biased in small samples. The

Does financial liberalization spur growth?,” Journal of Financial Economics, 77(1), 3-55

  • Blejer, M. I. and M. S. Khan. 1984. “Government Policy and Private Investment in Developing Countries,” IMF Staff papers, 31(2), 379-403. Blundell, R. W. and S. R. Bond. 1998. “Initial conditions and moment restrictions in
  • 2005