The fading link? A new empirical analysis of the relationship between financial development and economic growht
This paper contributes to the literature on the finance-growth link by presenting new findings based...
Guardado en:
| Autores principales: | , |
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| Formato: | Documentos de Trabajo |
| Lenguaje: | Inglés |
| Publicado: |
Universidad de Belgrano Escuela de Posgrado en Negocios
2012
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| Materias: | |
| Acceso en línea: | http://repositorio.ub.edu.ar/handle/123456789/682 |
| Aporte de: |
| Sumario: | This paper contributes to the literature on the finance-growth link by presenting new findings based
on a new, larger dataset in number of years, countries and variables that improves over those datasets
used in earlier studies. We also use a new and better methodology than the one used before. Our paper
demonstrates that financial development, as me measure it, does not have a statistically significant effect
on economic growth. This result contradicts the usual results in the previous empirical literature about the
link between financial development and economic growth. Our result upholds after have done robustness
checks. |
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