Financial intermediation and growth: causality and causes without outliers

被引:3
|
作者
Andini, Corrado [1 ,2 ,3 ]
机构
[1] Univ Madeira, Funchal, Portugal
[2] CEEAplA, Ponta Delgada, Portugal
[3] IZA, Bonn, Germany
关键词
Financial development; Economic growth; REGRESSION;
D O I
10.1007/s10258-009-0035-y
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a seminal paper, Levine et al. (J Monet Econ 46:31-77, 2000) provide cross-sectional evidence showing that financial development has positive average impact on long-run growth, using a sample of 71 countries. We argue that the evidence is sensitive to the presence of outliers.
引用
收藏
页码:15 / 22
页数:8
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