Publication
Financial development and long-run growth : is the cross-sectional evidence robust?
| dc.contributor.author | Andini, Corrado | |
| dc.contributor.author | Andini, Monica | |
| dc.date.accessioned | 2018-06-26T16:52:23Z | |
| dc.date.available | 2018-06-26T16:52:23Z | |
| dc.date.issued | 2007-10 | |
| dc.description.abstract | In a seminal paper, Levine et al. (2000) provide cross-sectional evidence on the causal positive impact of financial development on the mean of the conditional long-run growth distribution, in a sample of 71 countries. Using the same data-set, we argue that the impact of financial development of the median of the conditional growth distribution is doubtful. In addition, we find that the mean-based results due to Levine et al. (2000) are not robust to the presence of three outliers: Korea (Republic of), Malta and Taiwan. | en |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Andini, Corrado; Andini, Monica (2007). Financial development and long-run growth: is the cross-sectional evidence robust?, "Working Paper Series", 10, 13 pp.. Ponta Delgada: Universidade dos Açores, CEEAplA-A. | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10400.3/4755 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | Universidade dos Açores | pt_PT |
| dc.subject | Economic Growth | en |
| dc.subject | Financial Development | en |
| dc.title | Financial development and long-run growth : is the cross-sectional evidence robust? | en |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | Ponta Delgada, Açores | pt_PT |
| oaire.citation.endPage | 13 | pt_PT |
| oaire.citation.startPage | 1 | pt_PT |
| oaire.citation.title | CEEAplA-A - Working Paper Series | pt_PT |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | workingPaper | pt_PT |