Economic Growth in Europe A Comparative Industry Perspective MARCEL P. TIMMER ROBERT INKLAAR MARY O'MAHONY BART VAN ARK CAMBRIDGE UNIVERSITY PRESS Contents List of figures page vii List of tables ...

While China has seen rapid economic growth over the last three decades, many studies document a negative correlation between traditional measurements of banking development and economic growth in China. Among many efforts to explain the low efficiency of Chinese banking sector, two arguments...