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major determinant of economic growth and productivity (Levine, Loayza and Beck 2000). Typically, paradigms are based on … that financial development and credit booms might not only support growth but jeopardize the whole economic system. While … there exists a huge literature on the finance growth nexus before the international financial crisis analyses on post …
Persistent link: https://www.econbiz.de/10012151387
This paper aims to investigate the long-run relationship between financial development and economic growth using panel … growth. The long-run panel estimates indicate that financial development has a positive and significant impact on economic … growth. For the robustness of the results, this paper has also performed time-series analysis on a single country basis. The …
Persistent link: https://www.econbiz.de/10011988841
Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth … uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We …, growth-enhancing, and a certain level of financial development can drag down economic growth in the long term and the …
Persistent link: https://www.econbiz.de/10012435773
This paper, using the most recent index of financial development as developed in an IMF publication by Svirydzenka, examines the role of overall financial development, financial institutions, and financial markets in the export performance of Nepal employing the Autoregressive distributed lag...
Persistent link: https://www.econbiz.de/10014001465
This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector. Another crucial finding is that policies of financial liberalization have helped stimulate economic growth …. Reinforcing the literature on finance and growth, this study reaffirms that inflation rates are detrimental to long-run financial …
Persistent link: https://www.econbiz.de/10010500573
growth and ensure that no Africans are excluded from access to financial services. However, DIW Berlin data from Uganda show …
Persistent link: https://www.econbiz.de/10012250686
Mit Hilfe von Mobile Money können Finanztransaktionen über ein Handy getätigt werden. Auch in armen Gegenden Afrikas besitzt fast jeder ein Mobiltelefon. Mobile Money könnte dafür sorgen, dass niemand mehr von Finanzdienstleistungen ausgeschlossen bleibt, und so zum wirtschaftlichen...
Persistent link: https://www.econbiz.de/10012250688
This study investigates the individual impact of credit information sharing and corruption as well as their interaction on financial development, using a sample of 120 countries for the period 2004-2017. Public credit registries (PCR) and private credit bureaus (PCB) are used as proxies for the...
Persistent link: https://www.econbiz.de/10012657304
This paper examines how legally restricted access to banking services affects small and medium-sized enterprises (SMEs) in a highly developed country. Using a mixed-method approach, we examine the unique situation of the US marijuana industry. The industry benefits from the superior...
Persistent link: https://www.econbiz.de/10014501471
fluctuations in the aggregate saving rate, productivity growth and lending. Meanwhile, a genuine increase in the average individual …
Persistent link: https://www.econbiz.de/10011807724