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Credit quantity and credit quality: Bank competition and capital accumulation
Cetorelli, Nicola; Peretto, Pietro F. - In: Journal of Economic Theory 147 (2012) 3, pp. 967-998
In this paper we show that bank competition has an intrinsically ambiguous impact on capital accumulation. We further show that it is also responsible for the emergence of development traps in economies that otherwise would be characterized by unique equilibria. These results explain the...
Persistent link: https://www.econbiz.de/10010572381
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Competitive environment problems and challenges in the pre-pandemic and post-pandemic society
Abuselidze, George; Zoidze, Gia - In: Ekonomske teme 61 (2023) 3, pp. 289-306
Competition and a competitive environment serve as a crucial foundation for the effective use of resources and the growth of economy, pushing enterprises to be more efficient, limit costs, and spend more in inventing and developing new goods. Customers may obtain more advantages at a lesser cost...
Persistent link: https://www.econbiz.de/10014490320
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Italy must foster high growth industries
Gebauer, Stefan; Kritikos, Alexander; Kriwoluzky, Alexander - In: DIW weekly report : economy, politics, science : a … 9 (2019) 7/9, pp. 65-74
Italy has yet to recover from the economic consequences of the financial and sovereign debt crisis that began more than a decade ago. In addition to losing 1.4 million jobs across the manufacturing and construction sectors, new industries driving growth across the EU, such as knowledge-intensive...
Persistent link: https://www.econbiz.de/10011983469
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Growing out of the crisis : hidden assets to Greece's transition to an innovation economy
Herrmann, Benedikt; Kritikos, Alexander - In: IZA journal of European Labor Studies 2 (2013), pp. 1-23
Greece’s currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low...
Persistent link: https://www.econbiz.de/10010209745
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Knowledge-intensive business services and economic growth with endogenous market structure
Huang, Chien-Yu; Ji, Lei - In: Journal of Macroeconomics 38 (2013) PA, pp. 95-106
The Knowledge-Intensive Business Services (KIBS) sector has been growing in the US in the recent decades. KIBS are used to overcome the information friction between intermediate inputs and the input users that is generated by technology improvement. We use a Schumpeterian growth model with...
Persistent link: https://www.econbiz.de/10010875199
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The impacts of port infrastructure and logistics performance on economic growth: the mediating role of seaborne trade
Munim, Ziaul Haque; Schramm, Hans-Joachim - In: Journal of shipping and trade 3 (2018) 1, pp. 1-19
contribution of seaborne trade, from a port infrastructure quality and logistics performance perspective. Investment in quality … infrastructure quality and logistics performance. Furthermore, analysis of a multi-group SEM is performed by dividing countries into … the quality of port infrastructure as it contributes to better logistics performance, leading to higher seaborne trade …
Persistent link: https://www.econbiz.de/10011860696
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Policy uncertainties, water technology and economic growth
Yang, Fan; Ge, Jingyi; Wang, Xiaomin - In: Water Economics and Policy : WEP 09 (2023) 4, pp. 1-25
Persistent link: https://www.econbiz.de/10014446355
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Fintech, bank funding, and economic growth in Sub-Saharan Africa
Mashamba, Tafirei; Gani, Shenaaz - In: Cogent economics & finance 11 (2023) 1, pp. 1-22
The emergence of financial technology (Fintech) has greatly impacted the financial landscape in Sub-Saharan Africa (SSA) in recent years. The impact on bank funding and economic growth in the region cannot be ignored. This paper examines the extent to which Fintech has affected bank funding and...
Persistent link: https://www.econbiz.de/10014500906
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Analyzing the bidirectional relationship between tourism growth and economic development
Pulido-Fernández, Juan Ignacio; Cárdenas-García, … - In: Journal of travel research : a quarterly publication of … 60 (2021) 3, pp. 583-602
Persistent link: https://www.econbiz.de/10012492338
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Profitable growth through international high-technology product and market development
Veilleux, Sophie; Haskell, Nancy; Béliveau, Donald - In: International journal of entrepreneurship and small business 35 (2018) 3, pp. 408-427
Persistent link: https://www.econbiz.de/10011982639