This paper examined finance-growth nexus in the finance industry and influencing factors of economic indicators which deliberate on performance Solow Growth model to prove actuality financial development (FD) inside growth (EG) model, based regional data from 1980 2017 Africa. We applied econometric method GMM style panel vector autoregressive (PVAR) quantile regression (PQR). With optimal outc...

Abstract: The European sovereign-debt crisis began in Greece when the government announced in December, 2009, that its debt reached 121% of GDP (or 300 billion euros) and its 2009 budget deficit was 12.7% of GDP, four times the level allowed by the Maastricht Treaty. The Greek crisis soon spread to other Economic and Monetary Union (EMU) countries, notably Ireland, Portugal, Spain and Italy. Us...

We develop methods for Bayesian model averaging (BMA) or selection (BMS) in Panel Vector Autoregressions (PVARs). Our approach allows us to select between or average over all possible combinations of restricted PVARs where the restrictions involve interdependencies between and heterogeneities across cross-sectional units. The resulting BMA framework can find a parsimonious PVAR specification, t...

Motivated by the growing interconnection between online platforms, we examine the dynamic interplay between social buzz and contribution behavior in the crowdfunding context. Since the utility of crowdfunding projects is usually difficult to ascertain, prospective backers draw on quality signals, such as social buzz and prior-contribution behavior, to make their funding decisions. We employ the...

China currently is the world's largest energy consumer and carbon dioxide emitter. How to effectively control emissions promote sustainable development indispensable for achieving “double carbon” goal, promoting comprehensive economic transformation upgrading, contributing high-quality development. There no doubt that a large amount of financial resources need be invested in process encouraging...