Access to Finance Thresholds and the Finance-Growth Nexus
نویسندگان
چکیده
منابع مشابه
The Finance and Growth Nexus
Aubhik Khan* It is difficult to overemphasize the potential benefits of economic growth for improving human welfare. For example, Bangladesh, India, and Pakistan, three of the world’s lowest income nations, had real per capita GDP of $1908, $1633, and $1793, respectively, in 1992. In contrast, the equivalent values for three of the world’s highest income nations, Denmark, Sweden, and the United...
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The finance-growth nexus is discussed with respect to possible conclusions from economic history, contributions from economic theory as well as recent empirical crosscountry studies. Then, a new proxy for financial development is introduced, which refers to the input of real resources into the financial system. Based on this proxy, an empirical framework is elaborated to clarify the importance ...
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ژورنال
عنوان ژورنال: Economic Papers: A journal of applied economics and policy
سال: 2013
ISSN: 0812-0439
DOI: 10.1111/1759-3441.12059