Arbeitspapier
Financial Development and Economic Growth: Evidence from Ten New EU Members
This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the stock and credit markets are still underdeveloped in these economies, and that their contribution to economic growth is limited owing to a lack of financial depth. By contrast, a more efficient banking sector is found to have accelerated growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 8397
Klassifikation
Wirtschaft
Financial Markets and the Macroeconomy
Central Banks and Their Policies
Financial Aspects of Economic Integration
Socialist Systems and Transitional Economies: Political Economy; Property Rights
Financial Markets and the Macroeconomy
Central Banks and Their Policies
Financial Aspects of Economic Integration
Socialist Systems and Transitional Economies: Political Economy; Property Rights
Thema
financial development
economic growth
transition economies
economic growth
transition economies
Ereignis
Geistige Schöpfung
(wer)
Caporale, Guglielmo Maria
Rault, Christophe
Sova, Robert
Sova, Anamaria
Rault, Christophe
Sova, Robert
Sova, Anamaria
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2014
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:24 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Caporale, Guglielmo Maria
- Rault, Christophe
- Sova, Robert
- Sova, Anamaria
- Institute for the Study of Labor (IZA)
Entstanden
- 2014
Ähnliche Objekte (12)
Financial development and economic growth: evidence from ten new EU members
Financial Devlopment, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries?
Financial Development, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries
Financial Integration and Economic Growth in Europe
On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets
On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets
Financial development and economic growth: Panel evidence from BRICS
Sources of real exchange rate volatility and international financial integration: A dynamic GMM panel approach
Financial Sector Competition, Service Trade, and Growth
Skewed credit and growth dynamics after the global financial crisis
Remittances, financial development and economic growth in the economic community of West African states
Complementarity Between Foreign Aid and Financial Development as a Driver of Economic Growth in Selected Emerging Markets
Financial development and economic growth: evidence from ten new EU members
Financial Devlopment, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries?
Financial Development, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries
Financial Integration and Economic Growth in Europe
On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets
On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets
Financial development and economic growth: Panel evidence from BRICS
Sources of real exchange rate volatility and international financial integration: A dynamic GMM panel approach
Financial Sector Competition, Service Trade, and Growth
Skewed credit and growth dynamics after the global financial crisis
Remittances, financial development and economic growth in the economic community of West African states
Complementarity Between Foreign Aid and Financial Development as a Driver of Economic Growth in Selected Emerging Markets
Financial development and economic growth: evidence from ten new EU members
Financial Devlopment, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries?
Financial Development, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries
Financial Integration and Economic Growth in Europe
On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets
On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets
Financial development and economic growth: Panel evidence from BRICS
Sources of real exchange rate volatility and international financial integration: A dynamic GMM panel approach
Financial Sector Competition, Service Trade, and Growth
Skewed credit and growth dynamics after the global financial crisis
Remittances, financial development and economic growth in the economic community of West African states