Most empirical analysis of the finance-growth nexus has used measures of financial development such as the ratio of … which have dogged the empirical growth literature. We develop such a measure by combining the ‘Delphi’ method and principal …

changes in output, while financial development makes investment more responsive to output growth. Consequently, rather than …

Research in development economics reveals that the bulk of cross-country differences in economic growth is attributable … to differences in productivity. By some accounts, productivity contributes to more than 60 percent of countries’ growth … progress, rates of real cost reduction and rates of productivity growth. I find that the effect of financial development on …

Results support Arestis’s theory, that low real interest rates do not prevent economic growth (though he related it to … and Kelly’s view that financial liberalisation supports growth. Finally King and Levine studies are supported -- banking … sector development leads to faster growth, and also Barth’s view that state involvement leads to poorly developed banks. …

Research in development economics reveals that the bulk of cross-country differences in economic growth is attributable … to differences in productivity. By some accounts, productivity contributes to more than 60 percent of countries’ growth … progress, rates of real cost reduction and rates of productivity growth. I find that the effect of financial development on …

This paper aims to investigate the relationship between economic growth, institutional quality and financial … unidirectional positive relationship from economic growth to financial development. Second, institutional quality and economic growth … institutional quality has an impact on economic growth while the latter causes an improvement in public sector institutional quality …

their families, although it also increases the volatility of remittances. [resumen de autor] …