Peng, Jiangang; Groenewold, Nicolaas; Fan, Xiangmei; … - In: Emerging Markets Finance and Trade 50 (2014) 2S, pp. 5-22
We examine the relationship between financial system reform and growth using data for China, which has undergone extensive financial liberalization since 1978. We construct an index of financial liberalization by combining the "Delphi method" and principal components analysis to combine eight...