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This paper argues that excessive financial development in combination with high levels of technological innovation or R&D activities may lead to the former being ineffective in generating economic growth. This hypothesis is examined through a dynamic panel analysis using two measures of...
Persistent link: https://www.econbiz.de/10013034506
bank-based economies suggesting that financial structure influences the causal direction between financial and economic …
Persistent link: https://www.econbiz.de/10013036052
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10013317850
between the bank-based side of financial development, as compared to the market-based side of financial development. Given the …
Persistent link: https://www.econbiz.de/10011877345
certain threshold, the crowding-out of local physical capital caused by the entry of a foreign bank seems to hamper economic …
Persistent link: https://www.econbiz.de/10014060105
and analyze the link between bank balance sheets, credit growth, and long-term growth using bank-level panel regressions …
Persistent link: https://www.econbiz.de/10013404160
. A sequence of structural VARs is employed using data for bank credit, liquidity, capital, asset quality and private … to the economy, (b) central bank liquidity and recapitalizations of Greek banks provided only a partial remedy and (c …
Persistent link: https://www.econbiz.de/10013492494
rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …
Persistent link: https://www.econbiz.de/10011952114
This study investigated the determinants of bank savings in Nigeria as well as examined the impact of bank savings and … bank credits on Nigeria's economic growth from 1970-2006. We adopted two impact models; Distributed Lag-Error Correction …
Persistent link: https://www.econbiz.de/10013034614
whether mobile phones, economic growth, bank competition and stability matter for financial inclusion. Data from 49 countries …. There was evidence to show that financial inclusion responds positively and significantly to shocks in bank competition …, economic growth, mobile phones and bank stability. However, the results reveal that all the variables respond to one standard …
Persistent link: https://www.econbiz.de/10012023995