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https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/7846
Title: | Specific Macro Factors Affecting Economic Growth During the Covid-19 Pandemic - Evidence from Eagles |
Authors: | Nguyen Ngoc Thach Nguyen Tran Xuan Linh |
Issue Date: | 2022 |
Publisher: | Indian Journal of Finance |
Abstract: | The study was conducted to assess the impact of macro factors on economic growth in emerging and growth-leading economies (EAGLEs) during the COVID-19 pandemic. The study applied a Bayesian simulation method, and the empirical results exhibited an ambiguous impact of trade openness and the number of internet users on economic growth in these countries during the COVID-19 outbreak. Besides, in response to the economic downturn caused by the COVID-19 pandemic, countries have loosened monetary and fiscal policies simultaneously. However, policy rate reduction was found to be less efficient in the countries previously applying low-interest rates. The evidence showed that reasonable pandemic control measures formed a basis for fastening economic recovery. |
URI: | http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/7846 |
Appears in Collections: | Articles to be qced |
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File | Size | Format | |
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Specific Macro Factors Affecting Economic Growth.pdf Restricted Access | 4.92 MB | Adobe PDF | View/Open Request a copy |
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