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
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Objekttyp
- Arbeitspapier
Beteiligte
- Gehringer, Agnieszka
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2013