| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060311 | Economics Letters | 2011 | 4 Pages |
Abstract
This paper examines whether democracy promotes financial development. While cross-section results show a positive association between democracy and bank development, this relationship disappears in panel regressions. The data also reveals that democracy is not positively related to stock market development.
⺠This paper examines whether democracy promotes financial development. ⺠There is a positive association between democracy and bank development. ⺠This relationship disappears in panel regressions. ⺠Democracy is not positively related to stock market development.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Benhua Yang,