Arbeitspapier

Financial liberalization, financial development and productivity growth: An overview

The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and empirical literature, there is no consensus regarding the contribution of financial liberalization and financial development to growth. Focusing on the direct channels of growth, the author has found both positive and negative contribution of finance to growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated effects being positive and statistically distinguishable from zero.

Sprache
Englisch

Erschienen in
Series: Economics Discussion Papers ; No. 2013-46

Klassifikation
Wirtschaft
Current Account Adjustment; Short-term Capital Movements
International Monetary Arrangements and Institutions
Financial Aspects of Economic Integration
Thema
FDI
financial liberalization
financial development
productivity
growth
review

Ereignis
Geistige Schöpfung
(wer)
Gehringer, Agnieszka
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Gehringer, Agnieszka
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2013

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