Siong Hook Law

TL;DR: This article showed that the marginal effects of trade openness are negatively related to the degree of financial openness, indicating that relatively closed economies stand to benefit most from opening up their trade and/or capital accounts.

TL;DR: In this article, the relationship between finance and economic growth using an innovative dynamic panel threshold technique has been investigated in 87 developed and developing countries, and the empirical results indicate that there is a threshold effect in the finance-growth relationship and that the level of financial development is beneficial to growth only up to a certain threshold.

TL;DR: In this paper, the authors investigate the systemic link between economic freedom, foreign direct investment (FDI) and economic growth in a panel of 85 countries and reveal that FDI by itself has no direct (positive) effect on output growth.

TL;DR: Using data from 72 countries for the period 1978-2000, the authors found that financial development has larger effect on GDP per capita when the financial system is embedded within a sound institutional framework.

TL;DR: In this paper, the authors used a threshold regression model and found new evidence that the positive impact of FDI on growth "kicks in" only after financial market development exceeds a threshold level.