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This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...
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This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...
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advances regimes would generate on the payment capacity and financing needs of companies that belongs to the construction … tax credits over assets, payment ratios, financing needs through loans and levels of profitability. It was observed that … liabilities (loans) were needed for financing them, which would result in higher financial costs to sustain than immobilization …
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