beck levine loayza finance and the sources of growth

... terms of econometric technique and data. First, while King and Levine (1993a) and Levine and Zervos (1998) empirically assess the connection between banking sector development and the sources of ... productivity growth, (iii) experience more rapid capital accumulation, and (iv) have higher saving rates. To evaluate the impact of banks on growth and the sources of growth, we seek an indicator of the ... model. IV. Finance and the channels to economic growth This section presents the results of the cross-country and panel regressions of real per capita GDP growth, productivity per capita growth, and...

Ngày tải lên: 27/01/2014, 11:20

... Development Economics, 1996 (Washington, DC: The World Bank). Chernow, Ron, 1997, The Death of the Banker. The Decline and the Fall of the Great Financial Dynasties. The Triumph of the Small Investor (New York: ... position and counterparties, on their side, might consider for them unnecessary to further assess the riskiness of the bank. Finally, the inadequacy of the static accounting framework, underpinning the ... contagion. But the centrality of the issue has to do with a deeper reason, that is, the understanding of the crucial role that finance plays for the functioning of market monetary economies of production....

Ngày tải lên: 24/10/2012, 09:33

... balance and minimal energy demand The energy balance of 3 different breweries shows that the technology and operational parameters applied in the brew house, the brew volume, operating schedules and ... elevating the sensibility of workers and managers. The calculation of minimal energy demand of processes has proven to be efficient in evaluating distribution and process efficiencies and stimulating ... changes in thermal energy management. The experiences of the pinch analysis are incorporated in the Green Brewery Concept. The concept calculates a generic list of heat sources and heat sinks...

Ngày tải lên: 24/03/2014, 04:20

Ngày tải lên: 24/04/2014, 17:06

... food stocks, and the mood of the garrison. The tactics of the Daily Mail captured the attention of the nation; the newspaper dramatized the situation of the town by emphasizing the danger that ... notions of Boer inhumanity toward Africans, the pro-war argument of the ‘‘negrophilists.’’ The other cat- egory into which mentions of Africans fall is praise of the loyalty of the Cape Boys and the ... Mafeking Night and the following day, they were ‘‘everyone’’ and ‘‘London’’ and even ‘‘England.’’ They were created as a group by the newspapers, and this chapter examines the mechanism of their creation and...

Ngày tải lên: 21/09/2012, 10:54

... (such as the booby-trapping of temples), the use of poison, the destroying of wells and the sowing of dissension in the enemy’s ranks. 46 Thestruggleformoderationinwarhasbeenalong one – and one ... world of inde- pendent political communities bound together by the rule of law rather than by the sovereignty of a single emperor. The Chinese can therefore be said to have been the pioneers of the ... the law of war. It tells the story, in narrative form, of the interplay through the centuriesbetween,ontheonehand,legal ideasaboutwarand,ontheotherhand,statepracticeinwarfare.Neff covers the emergence,...

Ngày tải lên: 21/09/2012, 11:02

... for these countries the existence of cointegration could not be rejected. We therefore specify the VAR models in the level of the variables. Nevertheless, we neither impose the number of cointegrating ... countries: the fall of residential property prices is significantly different from zero even at the 95% level in Canada, Finland, the Netherlands, Norway, Sweden, Switzerland, the UK and the US. ... significant and shorter-lived than the GDP decline in the other group. The reactions of the other variables to a monetary policy shock are essentially the same. A third important characteristic of the...

Ngày tải lên: 24/10/2012, 09:40

... professional colleagues on the world. The Association has the role of coordinating the activities of the members in order to protect the interests of the members and improve the position of ... to be renewed to facilitate export and import. The General Department of Customs, the Ministry of Trade and examining bodies, and the Bureau of Standards and Measures should have consensus ... needs and troubles and therefore create favorable conditions for activities of enterprises. The association has proposed the Ministry of Finance to delay the application of a tax rate of five...

Ngày tải lên: 27/10/2012, 16:42

... question on the amount consumed in lians (50g/lian) per unit of time. A lian is the unit of weight in China equivalent to 50 g. The reproducibility and validity of the FFQ was assessed in a random ... of type 2 DM in four prospective studies [3;5-7]. The available data on the association between meat intake and the risk of type 2 DM are limited to four health professionals cohorts and the ... cross-sectional study and thus, may not be directly generalizable to the general population. To better understand the relationship between the intake of meat and the risk of type 2 DM we prospectively...

Ngày tải lên: 31/10/2012, 16:49

... less than the level of HLA-DR in the cell lysates (5ul of a 1 in 10 dilution, from 2 x 10 6 PBMC). The shed HLA-DR therefore seemed to represent a small fraction of the total HLA-DR of the cell, ... Microbiology and Immunology from University of Leeds, and PhD in Immunology from University of Liverpool, where she worked on the expression of HLA-DR and the characterisation of the monocyte ... Director of BPL for his his help and support, the staff of the ITU at the RLUHT in particular the research nurses, Neal Gratton and Andrea Fazakerley for recruiting patients into the study....

Ngày tải lên: 03/11/2012, 09:57

... toxoplasmosis is one of the most com- mon parasitic zoonoses worldwide. As for other zoonoses, veterinarians play an important role in the education of the human population regarding the risk of infection. ... perform the task, they should wear disposable gloves and wash their hands thoroughly with soap and wa- ter afterwards. Direct contact with cats is unlikely to result in transmission of toxoplasmosis ... pregnancy and that if they follow a few very simple “rules”, liv- ing with their pets need not represent any risk for infection with Toxoplasma gondii. Cats are the definitive host of T. gondii; they...

Ngày tải lên: 03/11/2012, 11:06

... Development and Ministry of Natural Resources and Environment in the land allocation under Decree 99. The goal of phase II is to finalize the legal framework to enable REDD + to realize the intended ... REDD? In the process of implementation of REDD at site, we have met significant challenges. The participation of the private sector is not strong enough especially the companies working in the field ... manipulated the whole thing for our own selfish reasons because we are more interested in the financial benefits of REDD rather than the social and environmental benefits. Then now, the question...

Ngày tải lên: 23/01/2013, 22:06

... understand the lyrics of the original song and they make comparison, they mainly recognize that major of covered songs are not as good as the original ones. Hence, they may look down on the musicians, ... a lot of singers “borrow” foreign songs without “permission” of authors and then they said those are their songs. Furthermore a lot of people don’t really understand about Music cover, they just ... types of students in other university, NEU students are the perfect entity to take the research. The study illustrates the effects of music cover and NEU students’ behaviors towards the spread of...

Ngày tải lên: 21/04/2013, 20:53

Ngày tải lên: 18/08/2013, 12:22

Ngày tải lên: 05/09/2013, 09:08