Nyasha, Sheilla; Odhiambo, Nicholas M. - In: Contemporary economics 10 (2016) 2, pp. 163-174
This paper examines the dynamic impact of both bank- and market-based financial development on economic growth in … impact on economic growth in Australia, market-based financial development has no significant impact on economic growth, both … concentrate on pro-banking sector policies, at least in the short run, to stimulate growth. …