Financial Development and Economic Growth /
This paper examines the empirical relationship between long-run growth and the degree of financial development, proxied by the ratio of bank credit to the private sector as a fraction of GDP. We find that this proxy enters significantly and with a positive sign in growth regressions on a large cross...
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1992.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1992/101 |
| Online Zugang: | Full text available on IMF |