Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Financial Structure And Economic Growth Nexus Revisited
Download Financial Structure And Economic Growth Nexus Revisited full books in PDF, epub, and Kindle. Read online Financial Structure And Economic Growth Nexus Revisited ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Financial Structure and Economic Growth Nexus Revisited by : Lan Chu Khanh
Download or read book Financial Structure and Economic Growth Nexus Revisited written by Lan Chu Khanh and published by . This book was released on 2019 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically reassesses the long-debated relationship between financial structure and economic growth. Specifically, we examine whether the effect of financial structure on economic growth is affected by the financial structure disproportion, banking crisis, economic volatility, and level of financial development. We employ the generalized method of moments estimation to a large panel of 100 countries over the 1971-2015 period. Although the main result supports market-based view, the positive effect of stock market development relative to banking system decreases significantly if financial structure is unbalanced. Our findings are robust to a variety of sensitivity check, including different measures of financial structure, periods, and model specifications.
Book Synopsis Financial Structure and Economic Growth by : Aslı Demirgüç-Kunt
Download or read book Financial Structure and Economic Growth written by Aslı Demirgüç-Kunt and published by MIT Press. This book was released on 2001 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: CD-ROM contains: World Bank data.
Book Synopsis The Finance-growth Nexus Revisited : From Origins to a Modern Theoretical Landscape by : Mikhail Stolbov
Download or read book The Finance-growth Nexus Revisited : From Origins to a Modern Theoretical Landscape written by Mikhail Stolbov and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Structure and Economic Development by :
Download or read book Financial Structure and Economic Development written by and published by World Bank Publications. This book was released on 2000 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors, economies grow faster, industries dependent on external finance expand more quickly, new firms are created more easily, firms have more access to external financing, and firms grow faster.
Book Synopsis Financial Development and Economic Growth by : Ross Levine
Download or read book Financial Development and Economic Growth written by Ross Levine and published by World Bank Publications. This book was released on with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund (IMF) presents the full text of the December 2000 paper entitled "Financial Development and Economic Growth: An Overview," prepared by Mohsin S. Khan and Abdelhak S. Senhadji. The text is available in PDF format and the paper is part of the IMF's Working Paper series. This paper provides a review of literature on financial markets and discusses the relationship between financial development and economic growth.
Download or read book Finance and Growth written by Ross Levine and published by . This book was released on 2004 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
Book Synopsis Economic Growth and Financial Development by : Muhammad Shahbaz
Download or read book Economic Growth and Financial Development written by Muhammad Shahbaz and published by Springer Nature. This book was released on 2021-09-21 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks into the relationship between financial development, economic growth, and the possibility of a potential capital flight in the transmission process. It also examines the important role that financial institutions, financial markets, and country-level institutional factors play in economic growth and their impact on capital flight in emerging economies. By presenting new theoretical insights and empirical country studies as well as econometric approaches, the authors focus on the relationship between financial development and economic growth with capital flight in the era of financial crisis. Therefore, this book is a must-read for researchers, scholars, and policy-makers, interested in a better understanding of economic growth and financial development of emerging economies alike.
Book Synopsis Financial Systems and Economic Growth by : Peter L. Rousseau
Download or read book Financial Systems and Economic Growth written by Peter L. Rousseau and published by Cambridge University Press. This book was released on 2017-09 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents essays that take a historical look at aspects of the finance-growth nexus.
Book Synopsis Finance, Growth, and Inequality by : Mr. Ross Levine
Download or read book Finance, Growth, and Inequality written by Mr. Ross Levine and published by International Monetary Fund. This book was released on 2021-06-11 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance and growth emerged as a distinct field of economics during the last three decades as economists integrated the fields of finance and economic growth and then explored the ramifications of the functioning of financial systems on economic growth, income distribution, and poverty. In this paper, I review theoretical and empirical research on the connections between the operation of the financial system and economic growth and inequality. While subject to ample qualifications, the preponderance of evidence suggests that (1) financial development—both the development of banks and stock markets—spurs economic growth and (2) better functioning financial systems foster growth primarily by improving resource allocation and technological change, not by increasing saving rates. Some research also suggests that financial development expands economic opportunities and tightens income distribution, primarily by boosting the incomes of the poor. This work implies that financial development fosters growth by expanding opportunities. Finally, and more tentatively, financial innovation—improvements in the ability of financial systems to ameliorate information and transaction costs—may be necessary for sustaining growth.
Book Synopsis What Matters in the Finance-Growth Nexus of Advanced Economies? Evidence from OECD Countries by : Marc Steffen Rapp
Download or read book What Matters in the Finance-Growth Nexus of Advanced Economies? Evidence from OECD Countries written by Marc Steffen Rapp and published by . This book was released on 2017 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the majority of empirical work examines growth effects of financial sector “size”, we provide evidence for the role of financial sector “structure”. Focusing on stock markets, we study OECD countries over the 1994-2013 period and find that relatively larger stock markets facilitate economic growth and mitigate economic risk. We find no such effect for private bond markets and private credit volume. Overall, our results suggest that financial sector “structure” matters for economic development of advanced economies highlighting the importance of addressing financial structure gaps.Revised version is available at: 'https://ssrn.com/abstract=2976237' https://ssrn.com/abstract=2976237.
Book Synopsis Finance-Growth Nexus: Evidence from Indian Economy using Causality Co-Integration Test based on Error Correction Model by : Manoj Dora
Download or read book Finance-Growth Nexus: Evidence from Indian Economy using Causality Co-Integration Test based on Error Correction Model written by Manoj Dora and published by GRIN Verlag. This book was released on 2009-10-26 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2009 in the subject Business economics - General, grade: A, Vanderbilt University (Graduate Program in Economic Development), course: Masters in Economics, language: English, abstract: This study explores the relationship between financial growth and economic development in India using time series data over the period 1950-2007. The majority of the previous studies on this subject have used cross-sectional data, which may not address country specific issues. In addition, many studies used either OLS technique of estimation or bi-variate causality test and may, therefore suffer from the omission-of variable bias. This study attempts to examine the dynamic relationship between financial growth and economic development by including a range of financial variables like, quasi money for monetization, domestic credit for financial intermediation activities and bank asset for financial intermediary institutions. The casual relationship between economic development and financial growth indicators was examined with the help of Granger-Causality procedure based on Unrestricted Vector Auto Regression using the error correction term. The result from the cointegration tests indicates that financial development has a long-run equilibrium with economic growth. The financial sector and real sector move and evolve together in the same direction. The error correction model suggests that, in the short-run, the output variable is the only effective adjustment factor in the system that responds to the fluctuations of financial measures and domestic capital formation. On the other hand, the response of financial intensities and investments are sluggish adjustments that correct the deviation from equilibrium. In nutshell, this study shows that India’s financial development and economic growth are positively correlated; the process of economic development is not sustainable without the contributions of the financial sector and vice versa.
Book Synopsis Review of Literature on Finance-Growth Nexus by : Najia Saqib
Download or read book Review of Literature on Finance-Growth Nexus written by Najia Saqib and published by . This book was released on 2018 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study discusses the current state of knowledge on the financial development and economic growth by reviewing the most decisive theoretical and empirical contributions. It is obvious that financial development is at least correlated with economic development and that a sound and refined financial system encourages the efficiency of investment and economic growth in a market economy. It is also observable that an inadequately functioning financial system can obstruct economic growth and development. The review highlights that most empirical studies focus on either testing the role of financial development in motivating economic growth or tentative direction of causality between these two variables. We review the cross-country and time series empirical literature in this study. It is evident that searching the relationship between financial development and economic growth is inconclusive across countries, regions, and methodologies employed.
Book Synopsis Finance and Economic Growth by : Michael Thiel
Download or read book Finance and Economic Growth written by Michael Thiel and published by . This book was released on 2001 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1.Introduction - 2.Some stylissed facts on financial developments in the EU - 3.How does financial development affect economic growth? - 4.What are the features of a growth-supportive financial structure? - 5.How are financial structures related to strctural change and technical progress? - 6.Conclusions.
Book Synopsis Financial Structure and Economic Growth by : Asli Demirgüc-Kunt
Download or read book Financial Structure and Economic Growth written by Asli Demirgüc-Kunt and published by . This book was released on 2001 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Development in the Middle East and North Africa by : Mohamed Sami Ben Ali
Download or read book Economic Development in the Middle East and North Africa written by Mohamed Sami Ben Ali and published by Palgrave Macmillan. This book was released on 2015-11-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using cases on individual countries, Economic Development in the Middle East and North Africa offers diverse theoretical and empirical evidence on a variety of issues facing policymakers, investors, and other stakeholders in the region.
Book Synopsis “The” Finance Growth Nexus Revisited by : Peter Haiss
Download or read book “The” Finance Growth Nexus Revisited written by Peter Haiss and published by . This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Funding Growth in Bank-based and Market-based Financial Systems by : Asl? Demirgüç-Kunt
Download or read book Funding Growth in Bank-based and Market-based Financial Systems written by Asl? Demirgüç-Kunt and published by World Bank Publications. This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the relative development of a country's stock market and banking system affects firms' growth is closely tied to how well developed the country's contracting environment is. How differences in the contracting environment affect the relative development of the stock market or banking system may have implications for which firms and which projects get financing.
