Non linearity between finance and growth

We present a simple model which establishes a non linear and possibly non monotonic relationship between financial development and economic growth. Applying a threshold regression model to King and Levine™s (1993) data set, we find evidence that is consistent with the main implications stemming from the theoretical model.

MoreLess

Year of publication:	2001
Authors:	Deidda, L. ; Fattouh, B.
Institutions:	Centro Ricerche Nord Sud (CRENoS)
Subject:	financial development \| economic growth \| economic de- velopment \| threshold regression**

More details

Extent:	application/pdf
Series:	Working Paper CRENoS.
Type of publication:	Book / Working Paper
Classification:	E44 - Financial Markets and the Macroeconomy ; O16 - Financial Markets; Saving and Capital Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005049470