Article ID Journal Published Year Pages File Type
5083739 International Review of Economics & Finance 2013 13 Pages PDF
Abstract
► The role of finance on economic growth is analyzed with panel data. ► Stock market development is positively related to economic growth. ► The impact of bank financing diminishes as bond markets develop. ► The contribution of corporate bond market is time-varying. ► The effect of government bond market is positive and significant.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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