Financial Development and Economic Growth - New Data and Emp…

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Work Details
  • OpenAlex ID W1653982560
  • Type Article
  • Language EN
  • Published 08 Aug 2007
  • Volume 28 (1)
  • Pages 83–110
  • Source OpenMETU (Middle East Technical Universi…
  • Publisher Middle East Technical University
  • FWCI 0.65
  • Added 24 Jun 2016
  • Updated 29 Sep 2026
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Financial Development and Economic Growth - New Data and Empirical Analysis

Article 2007 EN Green

The paper discusses the significance of financial development as a determinant of economic development. An empirical analysis is based on panel data covering 93 countries from 1970-90. It draws on a new proxy for financial development that refers to the input of real resources into the financial system. Moreover, interaction effects between financial development and catching-up as well as educatio…

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42

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