regarding the important role of health in economic growth and development, the purpose of the present paper is to investigate the impact of life expectancy, as the most important indicator of health, on economic growth in iran during 1965-2009. the estimated smooth transition regression (str) model supports a nonlinear threshold behavior in the relationship between life expectancy and economic ...

This paper extends the panel threshold regression of Hansen (1999) and Kourtellos, Stengos and Tan (2007) to allow for endogeneity of the threshold variable. We consider the static linear panels with fixed effect. The modified concentrated two-stage least square methods that are based on inverse Mills ratio bias correction terms are proposed to estimate threshold parameters. Our estimators are ...

abstract achieving economic growth, as one of the essential purposes in each country, needs appropriate tracing of government as one of the important and effective sections in that economy. nowadays, unlike the 80s, economists concentrate on objectives such as explanation of the relationship between size of the government and economic growth and delineation of optimum size of the government whi...

This paper aims to investigate whether the relationship between liquidity risk and bank stability is non-linear. It uses a sample of 83 MENA banks from 2005 2020. Due several economic, financial, regulation differences, whole was divided into two sub-samples. The first one related Middle East countries covers 56 while second North African 27 banks. We performed Panel Smooth Threshold Regression...

This paper investigates the nonlinear relationship between capital structure and firm performance in MENA region using a sample of 499 listed firms over 2007–2020 period, or 6986 firm-year observations. Specifically, we examine size-threshold effect structure–firm nexus. To do so, this study applies dynamic panel threshold regression model (DPTR). The findings show that there is debt (Tobin’s Q...