Stock Markets, Banks, and Growth : Panel Evidence

This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings are not due to potential biases induced by simultaneity, omitted variables or unobserved country-specific effects

MoreLess

Year of publication:	2002
Authors:	Beck, Thorsten ; Levine, Ross
Publisher:	[S.l.] : SSRN
Subject:	Wirtschaftswachstum \| Economic growth \| Aktienmarkt \| Stock market \| Bank \| Welt \| World \| Panel \| Panel study \| Schätzung \| Estimation

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (32 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2002 erstellt
Other identifiers:	10.2139/ssrn.314904 [DOI]
Classification:	G00 - Financial Economics. General ; O16 - Financial Markets; Saving and Capital Investment ; F36 - Financial Aspects of Economic Integration
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014115147