Finance and growth
theory and evidence
by Ross Levine
"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--National Bureau of Economic Research web site.
Buy this book
Subjects
Economic development, Finance, Financial institutions| Edition | Availability |
|---|---|
1
Finance and growth: theory and evidence
2004, National Bureau of Economic Research
Electronic resource
in English
|
aaaa
|
|
2
|
zzzz
|
Book Details
Edition Notes
Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/14/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Classifications
The Physical Object
Edition Identifiers
Work Identifiers
Community Reviews (0)
History
- Created April 1, 2008
- 5 revisions
Wikipedia citation
×CloseCopy and paste this code into your Wikipedia page. Need help?
| December 13, 2020 | Edited by MARC Bot | import existing book |
| July 31, 2012 | Edited by VacuumBot | Updated format '[electronic resource] :' to 'Electronic resource' |
| December 9, 2009 | Edited by WorkBot | link works |
| October 31, 2008 | Edited by ImportBot | add URIs from original MARC record |
| April 1, 2008 | Created by an anonymous user | Imported from Scriblio MARC record |