About two years ago, the world was hit by a major unexpected shock: the COVID-19 pandemic. While this health and economic crisis has had, and continues to have, a severe impact on European citizens and businesses, the euro area banking sector has so…
This paper examines whether government spending and governance have a nonlinear relationship with economic growth. The study determines the threshold effect of the institutional quality on the relationship between public expenditure and economic…
This paper analyzes the nonlinear effect of trade openness on economic growth over a sample of developed and developing countries during the period 1980–2020. Using a Dynamic Panel Threshold Model advanced by Seo and Shin (2016), and Seo et al., (…
In this paper we evaluate the impact of COVID-19 lockdown policies on Tunisia’s supply chains. We estimate a Poisson Pseudo Maximum Likelihood model using data on bilateral imports for intermediate, capital, and final goods for the years 2019 and…