Financial Development and Economic Growth /

This paper examines the empirical relationship between long-run growth and the degree of financial development, proxied by the ratio of bank credit to the private sector as a fraction of GDP. We find that this proxy enters significantly and with a positive sign in growth regressions on a large cross...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Guidotti, Pablo
Beste egile batzuk: De Gregorio, Jose
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1992.
Saila:IMF Working Papers; Working Paper ; No. 1992/101
Sarrera elektronikoa:Full text available on IMF