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.
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页码：306 / 312
页数：7
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