Bonfiglioli, Alessandra; Mendicino, Caterina - Economics Institute for Research (SIR), … - 2004
affects growth directly. <p>The empirical analysis is performed through GMM dynamic panel data estimations on a panel of 90 … is performed through
GMM dynamic panel data estimations on a panel of 90 countries ob-
served in the period 1975 …, financial development, institutions, dynamic panel data.
∗
We are indebted to Martin Floden, Lars Ljungqvist, Torsten Persson …