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Economic Growth

2014

Articles 1 - 3 of 3

Full-Text Articles in Econometrics

The Nexus Between Infrastructure Investment And Economic Growth In The Mexican Urban Areas, Vicente German-Soto, Héctor A. Barajas Bustillos Dec 2014

The Nexus Between Infrastructure Investment And Economic Growth In The Mexican Urban Areas, Vicente German-Soto, Héctor A. Barajas Bustillos

Vicente German-Soto

The relationship between infrastructure investment and economic growth is explored for the main urban areas of Mexico during the period 1985-2008. The methodology consists of a production function estimated by means of panel data techniques that include distributed effects in time. The findings highlight that the economic impact from infrastructure investment is effectively spread through time and cannot only be contemporaneous. This result suggests long-run effects. Moreover, the empirical estimates are according to the urban areas’ economic performance: Where major infrastructure provision exists, higher rates of growth are also taking place. Conclusions highlight that if infrastructure provision is not enough …

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Cambio Estructural En Las Fluctuaciones Cíclicas Del Producto Industrial. Las Economías Estatales Mexicanas En Relación A La Nacional, Vicente German-Soto Sep 2014

Cambio Estructural En Las Fluctuaciones Cíclicas Del Producto Industrial. Las Economías Estatales Mexicanas En Relación A La Nacional, Vicente German-Soto

Vicente German-Soto

Se analiza la presencia de cambios estructurales en las fluctuaciones cíclicas relativas del producto industrial estatal y nacional de México durante 1960-2010. Los estados pudieron haber reaccionado de forma diferente a las reformas estructurales emprendidas desde los años ochenta, modificando su ciclo económico con respecto al nacional. La metodología para investigar esta relación es el análisis estocástico de series de tiempo, ya que permite identificar los momentos de variación en media y varianza de una secuencia temporal. Los resultados señalan que es imprescindible tomar en cuenta la posibilidad de cambio estructural cuando se valora la evolución relativa de los ciclos …

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Banking And Stock Markets In Iran: Are They Complements Or Substitutes, Reza Moosavi Mohseni Dr., Elaheh Ghyasi, Jalil Khodaparast Shirazi Dec 2013

Banking And Stock Markets In Iran: Are They Complements Or Substitutes, Reza Moosavi Mohseni Dr., Elaheh Ghyasi, Jalil Khodaparast Shirazi

Reza Moosavi Mohseni

In this study, the quarterly data from 1991:4 to 2011:3 have been used to investigate the effect of the relation between banking sector and stock market on economic growth in Iran. The break point obtained by Gregory and Hansen(1996) appears in the first quarter of 2005, which coincides with the period of the remarkable increase in oil and gas revenues. The results of Johansen test shows that higher export income in Iran decreases the substitution of banking and stock market. On the other hand, the relation between turnover and real output decreases after the break point. In addition, the relation …

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