Endogenous Growth Models and Stock Market Development: Evidence from Four Countries
نویسندگان
چکیده
منابع مشابه
Endogenous Growth Models and Stock Market Development: Evidence from Four Countries
This paper re-examines the relationship between stock market development and economic growth. It provides a theoretical basis for establishing the channel through which stock markets affect economic growth in the long run. It examines the hypothesis of endogenous growth models that financial development causes higher growth through its influence on the level of investment and its productivity. ...
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ژورنال
عنوان ژورنال: Review of Development Economics
سال: 2005
ISSN: 1363-6669,1467-9361
DOI: 10.1111/j.1467-9361.2005.00270.x