Bonfiglioli, Alessandra - Departament d'Economia i Història Econòmica, … - 2007
financial integration on the two main determinants of economic performance: productivity (TFP) and investments. I provide … has a positive direct effect on productivity, while it spurs capital accumulation only with some delay and indirectly …, since capital follows the rise in productivity. I control for indirect effects of financial globalization through banking …