This paper analyzes the relationship between financial development and economic growth in Angola, an economy heavily … growth, since we identified Granger causality from oil revenues to the other two variables, but none of these variables … growth in Angola: it does not Granger-cause either oil revenues or non-oil GDP, even though it is Granger-caused by both …

The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The … and economic growth which appeared on the agenda in the mid-1960s. Data improvement and theoretical advances, namely …, breakthroughs in the economic theory of information in conjunction with endogenous growth models and growth regressions, shaped the …

economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are … as the finance-growth nexus in resource rich economies. The challenges this research program is facing are also …

This paper contributes to the literature on the finance-growth link by presenting new findings based on a new, larger … financial development does not have a statistically significant effect on economic growth. We also find that the economy's size … is a statistically significant determinant of growth. …

Causality between the ratio of domestic private credit to GDP and growth in real GDP per capita is investigated in a … direction. Causality running from credit depth to economic growth is found for the UK, Australia, Switzerland, and Greece. The …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … structures may be better suited to growth at certain stages of development but they may be less well suited in other …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … structures may be better suited to growth at certain stages of development but they may be less well suited in other …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … structures may be better suited to growth at certain stages of development but they may be less well suited in other …

economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are … as the finance-growth nexus in resource rich economies. The challenges this research program is facing are also …

growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to … important variables of the finance and growth literature. Our empirical analysis above all supports Schumpeter's view that … credit growth supports GDP growth while saving is irrelevant for credit growth and GDP growth. In sum, a correct …