Dabós, Marcelo; Williams, Tomás - In: Ensayos Económicos 1 (2010) 60, pp. 53-104
This paper examines the empirical relationship between financial development and real per capita GDP growth, physical capital accumulation and total factor productivity growth. We use a panel data set of 78 countries over 35 years (1961-1995) using system GMM for dynamic panels. We correct the...