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A cash-in-advance, endogenous growth, economy defines financial development within a banking sector production function … production function using industry data. A hypothesis of how financial development interacts with inflation and growth is tested … inflation rate splines in estimation of the growth rate …
Persistent link: https://www.econbiz.de/10004975705
This paper studies how financial development affects the relation between average growth and growth volatility through … liquidity crises. Then with this mechanism, we show in a macro framework that the relation between average growth and growth …
Persistent link: https://www.econbiz.de/10004998817
Specialized literature states that a deregulated financial system has positive effects on long-term economic growth … on economic growth are examined. …
Persistent link: https://www.econbiz.de/10008456341
remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in …-constructed dataset for remittances covering about 100 developing countries, we find that remittances boost growth in countries with less …
Persistent link: https://www.econbiz.de/10005566488
This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern … based on an adequate legal system it can positively contribute to economic growth. However, the financial system in CEE …
Persistent link: https://www.econbiz.de/10005125524
economic growth in general and in the modern, industrial sector in particular. Especially the monetization encouraged growth … and equity capital, was on the other hand also a result of GDP growth. …
Persistent link: https://www.econbiz.de/10005423826
In this paper we review the literature on finance-growth nexus and investigate the causality between financial … development and economic growth in Turkey for the period 1975-2004. The empirical investigation is carried out in a vector … development and economic growth. The empirical findings in the paper show a two way causality (bidirectional) between financial …
Persistent link: https://www.econbiz.de/10005406785
Not available.
Persistent link: https://www.econbiz.de/10005190806
The present study tries to understand the trends and determinants of economic growth in Indian states. For this, it …, the study concludes that although both the variables are highly correlated with economic growth, it is the social sector … development that is having higher impact on the economic growth. In terms of the role of financial sector, the results show that …
Persistent link: https://www.econbiz.de/10005087527
financial development, investment and inflation, and one on inflations effect on other economy-wide variables such as growth …
Persistent link: https://www.econbiz.de/10005536821