uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red … tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most … accumulation, thus leading to lower growth rates. …

This study examines whether there exists a long-term relationship between Indian share price movements and growth … no relationship between the growth rate and share prices (both nominal and real). There is also no relationship if we … consider the growth rates in share price. …

The present study tries to understand the trends and determinants of economic growth in Indian states. For this, it …, the study concludes that although both the variables are highly correlated with economic growth, it is the social sector … development that is having higher impact on the economic growth. In terms of the role of financial sector, the results show that …

private sector relative to GDP) and growth for a sample of 65 less developed countries over a long period, 1980-2006. Using …, the pooled mean group model and dynamic fixed effect model show two opposite long-term relationships: finance-to-growth … relationship is negative whereas growth-to-finance link is positive. …

claim that finance promotes real economy via managing risk and decreasing transaction costs. Furthermore, the pro-growth e …

costs. Furthermore, the pro-growth effect of finance seems to come from financial intermediaries like banks rather than from …

capitalization as a percentage of GDP- an important indicator of stock market development- has no relationship with the growth rates … no meaningful relationship between the stock market turnover ratio and the growth of capital accumulation (GGKF). For 5 …