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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2017.12
- 수록면
- 1 - 22 (22page)
- DOI
- 10.35866/caujed.2017.42.4.001
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초록· 키워드
오류제보하기
The main purpose of this paper is to investigate the relationship between financial sector development and economic growth taking into consideration the role of institutions quality. Our sample is on a group of 143 countries observed during the period of 2006-2013. The sample is dived into 100 developing and 43 developed countries. Using structural GMM the paper shows that financial sector plays a crucial role in economic development and growth for the whole sample as well as for developed and developing countries. However, the results show that unlike developing countries, developed countries enjoyed the presence of proper institutions in their countries which in turn have contributed further to the development of their financial sector.
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참고문헌 (62)
참고문헌 신청
Acemoglu, D. / 2001 / The Colonial Origins of Comparative Development : An Empirical Investigation / American Economic Review 91:1369~1401
Adu. G. / 2013 / Financial Development and Economic Growth in Ghana: Does the Measure of Financial Development Matter? / Review of Development Finance 3:192~203
Aidt, T. / 2008 / Governance Regimes, Corruption and Growth : Theory and Evidence / Journal of Comparative Economics 36:195~220
Arellano, M. / 1995 / Another Look at the Instrumental-variable Estimation of Errorcomponents Models / Journal of Econometrics 68:29~52
Arestis, P. / 2002 / Financial Development and Economic Growth : The Role of Stock Markets / Journal of Money, Credit and Banking 33(1):16~41
Adu. G. / 2013 / Financial Development and Economic Growth in Ghana: Does the Measure of Financial Development Matter? / Review of Development Finance 3:192~203
Aidt, T. / 2008 / Governance Regimes, Corruption and Growth : Theory and Evidence / Journal of Comparative Economics 36:195~220
Arellano, M. / 1995 / Another Look at the Instrumental-variable Estimation of Errorcomponents Models / Journal of Econometrics 68:29~52
Arestis, P. / 2002 / Financial Development and Economic Growth : The Role of Stock Markets / Journal of Money, Credit and Banking 33(1):16~41
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