Insurance activities, globalization, and economic growth: New methods, new evidence

Author(s):  
Chi-Chuan Lee ◽  
Chien-Chiang Lee ◽  
Yan-Yu Chiou
2011 ◽  
Vol 51 (1) ◽  
pp. 88-104 ◽  
Author(s):  
M. Kabir Hassan ◽  
Benito Sanchez ◽  
Jung-Suk Yu

2017 ◽  
Vol 63 ◽  
pp. 199-212 ◽  
Author(s):  
Muhammad Shahbaz ◽  
Thi Hong Van Hoang ◽  
Mantu Kumar Mahalik ◽  
David Roubaud

2021 ◽  
Vol 16 (3) ◽  
pp. 204-219
Author(s):  
ZULKEFLY ABDUL KARIM ◽  
◽  
MOHAMMAD QASIM ALABED QUSAI ◽  
FATHIN FAIZAH SAID ◽  
MOHD AZLAN SHAH ZAIDI

2021 ◽  
Vol 9 (2) ◽  
pp. 253-269
Author(s):  
Florencia Médici ◽  
Augustín Mario ◽  
Alejandro Fiorito

This study provides new evidence showing that the real exchange rate (RER) does not play an important role in the growth of Mexican GDP. Economic growth is not an automatically predetermined result of relative price correction, and it is important to consider distinctive aspects of national institutional arrangements (fiscal and monetary, for example) for understanding theoretical causality of demand. The empirical results show public expenditure is an overlooked variable in regressions where the exchange rate affects product growth. After incorporating public expenditure, the RER impact on growth becomes insignificant. For its part, public expenditure has a positive and significant effect on GDP in the long term. The RER does not lead to greater GDP since exports are not stimulated through price.


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