Financial intermediation and growth: Some robustness results

被引：42
|
作者：
McCaig, B [1 ]
Stengos, T [1 ]
机构：
[1] Univ Guelph, Dept Econ, Guelph, ON N1G 2W1, Canada
来源：
ECONOMICS LETTERS | 2005年 / 88卷 / 03期
关键词：
financial intermediation; economic growth; instrumental variables;
D O I：
10.1016/j.econlet.2004.12.031
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We examine the relationship between financial intermediary development and economic growth using different instruments. We find a strong positive effect when financial intermediation is measured as private domestic credit or liquid liabilities, supporting earlier findings based on only one instrument. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码：306 / 312
页数：7
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