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Financial Development and Economic Growth : Evidence from Turkey

Ozturk, Ilhan - 2008

development and economic growth in Turkey for the period 1975-2004. The empirical investigation is carried out in a vector …

Persistent link: https://www.econbiz.de/10014218456

Modeling the Financial Embargo on South Africa

Mohamed, Ghada Gomaa A. - 2014

This paper examines the effectiveness of the financial embargo on South Africa, which was imposed in 1985 and lifted in 1993. The theoretical framework is a simple small open economy version of Ramsey's growth model calibrated to South African conditions. The South African embargo event is...

Persistent link: https://www.econbiz.de/10013057988

The vanishing effect of finance on growth

Gründler, Klaus - 2015

This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing...

Persistent link: https://www.econbiz.de/10011403667

Finance-growth nexus and the p-bias : evidence from OECD countries

Hahn, Franz R. - 2004

Persistent link: https://www.econbiz.de/10002113733

Financial Development and Economic Growth : Evidence from a Panel Study on South Asian Countries

Hasan, Rezwanul - 2016

The paper examines the relationship between financial development and economic growth using panel data for five emerging South Asian countries - Bangladesh, India, Nepal, Pakistan and Sri Lanka. The heterogeneous panel data is collected from the World Bank for the period of 1974 to 2012....

Persistent link: https://www.econbiz.de/10012981024

Finance-growth nexus and the p-bias : evidence from OECD countries

Hahn, Franz R. - 2004

Recent empirical OECD studies provide new empirical evidence confirming that financial development is closely linked to economic growth in OECD countries. Using new dynamic panel regression techniques, these appraisals indicate that within the group of high income countries stock market size as...

Persistent link: https://www.econbiz.de/10011494195

Non-Linearity in the Finance-Growth Nexus : Evidence from Indonesia

Soedarmono, Wahyoe - 2016

This paper investigates the finance-growth nexus where bank credit is decomposed into investment, consumption, and working capital credit. From a panel dataset of provinces in Indonesia, it documents that higher financial development measured by financial deepening and financial intermediation...

Persistent link: https://www.econbiz.de/10013005195

A Reassessment of the Finance & Growth Nexus Using Monte Carlo Evidence

Franz, Thorsten - 2018

The small sample performance of system Generalized Method of Moments (GMM) and an alternative Transformed Maximum … additional control variable and mean-nonstationarity, violating the initial conditions assumption of system GMM estimators. These … relationship might well be an artifact of an upward bias of system GMM towards OLS estimates. An inverse U-shaped relationship is …

Persistent link: https://www.econbiz.de/10012934827

Financial development, structure and growth: New data, method and results

Luintel, Kul Bahadur; Khan, Mosahid; Leon-Gonzalez, Roberto - 2016

The existing weight of evidence suggests that financial structure (the classification of a financial system as bank-based versus market-based) is irrelevant for economic growth. This contradicts the common belief that the institutional structure of a financial system matters. We re-examine this...

Persistent link: https://www.econbiz.de/10011787145

Economic Growth in the Potterian Economy

Snir, Avichai; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2014

We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...

Persistent link: https://www.econbiz.de/10011108988