Financial Deepening and Economic Growth Linkages: A Panel Data Analysis
Tóm tắt
Từ khóa
Tài liệu tham khảo
Abramovitz, M. (1986). Catching Up, Forging Ahead, and Falling Behind. Journal of Economic History 46 (2): 385–406.
Arestis, P., and P. O. Demetriades (1997). Financial Development and Economic Growth: Assessing the Evidence. Economic Journal 107 (442): 783–799.
Arestis, P., P. O. Demetriades, and K. Luintel (2001). Financial Development and Economic Growth: The Role of Stock Markets. Journal of Money, Credit, and Banking 33 (1): 16–41.
Baltagi, B. H. (2005). Econometric Analysis of Panel Data. 3rd Edition. New York: John Wiley & Sons.
Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics 106 (2): 407–444.
Barro, R. J. (1997). Determinants of Economic Growth: A Cross-Country Empirical Study. Cambridge, Mass.: MIT Press.
Barro, R. J., and J. Lee (1993). International Comparisons of Educational Attainment. Journal of Monetary Economics 32 (3): 363–394.
Barro, R. J., and J. Lee (2001). International Data on Educational Attainment: Updates and Implications. Oxford Economic Papers 53 (3): 541–563.
Barro, R. J., and X. Sala-i-Martin (1995). Economic Growth. Boston, Mass.: McGraw Hill.
Beck, T., and R. Levine (2004). Stock Markets, Banks and Growth: Panel Evidence. Journal of Banking and Finance 28 (3): 423–442.
Beck, T., R. Levine, and N. Loayza (2000). Finance and the Sources of Growth. Journal of Financial Economics 58 (1–2): 261–300.
Bencivenga, V., B. Smith, and R. Starr (1995). Transaction Costs, Technological Choice and Endogenous Growth. Journal of Economic Theory 67 (1): 153–177.
Bruno, M., and W. Easterly (1998). Inflation Crises and Long-Run Growth. Journal of Monetary Economics 41 (1): 3–26.
Christopoulos, D., and E. Tsionas (2004). Financial Development and Economic Growth: Evidence from Panel Unit Root and Cointegration Tests. Journal of Development Economics 73 (1): 55–74.
Demetriades, P. O., and K. Hussein (1996). Does Financial Development Cause Economic Growth? Time Series Evidence from Sixteen Countries. Journal of Development Economics 51 (2): 387–411.
Easterly, W., and S. Rebelo (1993). Fiscal Policy and Economic Growth. An Empirical Investigation. Journal of Monetary Economics 32 (3): 417–458.
Edwards, S. (1992). Trade Orientation, Distortions, and Growth in Developing Countries. Journal of Development Economics 39 (1): 31–57.
Fischer, S. (1993). The Role of Macroeconomic Factors in Growth. Journal of Monetary Economics 32 (3): 485–512.
Fölster, S., and M. Henrekson (2001). Growth Effects of Government Expenditure and Taxation in Rich Countries. European Economic Review 45 (8): 1501–1520.
Frankel, J., and D. Romer (1999). Does Trade Cause Growth? American Economic Review 89 (3): 379–399.
Friedman, M., and A. J. Schwartz (1963). A Monetary History of the United States. Princeton, N.J.: Princeton University Press.
Goldsmith R. W. (1969). Financial Structure and Development. New Haven, Conn.: Yale U. Press.
Greenwood, J., and B. Smith (1997). Financial Markets in Development and the Development of Financial Market. Journal of Economic Dynamic and Control 21(1): 145–181.
Grossman, G., and E. Helpman (1991a). Innovation and Growth in the Global Economy. Boston: MIT Press.
Grossman, G., and E. Helpman (1991b). Trade, Knowledge Spillovers, and Growth. European Economic Review 35 (2–3): 517–526.
Grossman, G., and E. Helpman (1995). Technology and Trade. In G. Grossman and K. Rogoff (eds.), Handbook of International Economics. Vol. III. Amsterdam: Elsevier Science.
Gurley, J. G., and E. S. Shaw (1955). Financial Aspects of Economic Development. American Economic Review 45 (4): 515–538.
Gutierrez, L. (2003). On the Power of Panel Cointegration Tests: A Monte Carlo Comparison. Economics Letters 80 (1): 105–111.
Harrigan, J. (1997). Technology, Factor Supplies, and International Specialization: Estimating the Neoclassical Model. American Economic Review 87(4): 475–94.
Im, K., H. Pesaran, and Y. Shin (2003). Testing for Unit Roots in Heterogeneous Panels. Journal of Econometrics 115 (1): 53–74.
Ireland, P. N. (1994). Money and Growth: An Alternative Approach. American Economic Review 84 (1): 47–65.
Jung, W. S. (1986). Financial Development and Economic Growth: International Evidence. Economic Development and Cultural Change 34 (2): 333–346.
Kao, C. (1999). Spurious Regression and Residual-Based Tests for Cointegration in Panel Data. Journal of Econometrics 90 (1): 1–44.
King, R. G., and R. Levine (1993a). Finance and Growth: Schumpeter Might Be Right. Quarterly Journal of Economics 108 (3): 717–737.
King, R. G., and R. Levine (1993b). Finance, Entrepreneurship and Growth. Journal of Monetary Economics 32 (3): 513–542.
La Porta, R., F. Lopez-de-Silanes, A. Shleifer, and R. W. Vishny (1997). Legal Determinants of External Finance. Journal of Finance 52 (3): 1131–1150.
La Porta, R., F. Lopez-de-Silanes, A. Shleifer, and R. W. Vishny (1998). Law and Finance. Journal of Political Economy 106 (6): 1113–1155.
La Porta, R., F. Lopez-de-Silanes, A. Shleifer, and R. W. Vishny (1999). The Quality of Government. Journal of Law, Economics, and Organization 15 (1): 222–279.
Larsson, R., J. Lyhagen, and M. Löthgren (2001). Likelihood-Based Cointegration Tests in Heterogeneous Panels. Econometrics Journal 4 (1): 109–142.
Levin, A., C. F. Lin, and C. Chu (2002). Unit Root Tests in Panel Data: Asymptotic and Finite Sample Properties. Journal of Econometrics 108 (1): 1–24.
Levine, R. (1998). The Legal Environment, Banks, and Long-Run Economic Growth. Journal of Money, Credit, and Banking 30 (3): 596–613.
Levine, R. (1999). Law, Finance, and Economic Growth. Journal of Financial Intermediation 8 (1/2): 36–67.
Levine, R. and D. Renelt (1992). A Sensitivity Analysis of Cross-Country Growth Regressions. American Economic Review 82 (4): 942–963.
Levine, R., and S. Zervos (1993). What We Have Learned about Policy and Growth from Cross-Country Regressions? American Economic Review 83 (2): 426–430.
Levine, R., N. Loayza, and T. Beck (2000). Financial Intermediation and Growth: Causality and Causes. Journal of Monetary Economics 46 (1): 31–77.
Lucas, R. E. Jr. (1988). On the Mechanics of Economic Development. Journal of Monetary Economics 22 (1): 3–42.
Lucas, R. E. Jr. (1993). Making a Miracle. Econometrica 61 (2): 251–272.
Luintel, K. B., and M. Khan (1999). A Quantitative Re-Assessment of the Finance-Growth Nexus: Evidence from a Multivariate VAR. Journal of Development Economics 60 (2): 381–405.
McCoskey, S., and C. Kao (1999). Testing the Stability of a Production Function with Urbanization as a Shift Factor: An Application of Non-Stationary Panel Data Techniques. Oxford Bulletin of Economics and Statistics 61 (1): 671–690.
Obstfeld, M. (1994). Risk-Taking, Global Diversification, and Growth. American Economic Review 84 (5): 1310–1329.
Pedroni, P. (1999). Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors. Oxford Bulletin of Economics and Statistics 61 (Special Issue): 653–678.
Pesaran, H., Y. Shin, and R. Smith (1999). Pooled Mean Group Estimation and Dynamic Heterogeneous Panels. Journal of the American Statistical Association 94 (446): 621–634.
Pierse, R. G., and A. J. Shell (1995). Temporal Aggregation and the Power of Tests for Unit Root. Journal of Econometrics 65 (2): 335–345.
Robinson, J. (1952). The Rate of Interest and Other Essays. London: Macmillan.
Rodriguez, F., and D. Rodrik (1999). Trade Policy and Economic Growth: A Skeptic’s Guide to Cross-National Evidence. NBER Working Paper No. 7081. National Bureau of Economic Research, Cambridge, Mass.
Roubini, N., and X. Sala-i-Martin (1992). Financial Repression and Economic Growth. Journal of Development Economics 3 (1): 5–30.
Rousseau, P. L. (1998). The Permanent Effects of Innovation of Financial Depth: Theory and US Historical Evidence from Unobservable Components Models. Journal of Monetary Economics 42 (2): 387–425.
Rousseau, P., and P. Wachtel (2000). Equity Markets and Growth: Cross-Country Evidence on Timing and Outcomes, 1980–1995. Journal of Banking and Finance 24 (12): 1933–1957.
Shaw, E. S. (1973). Financial Deepening in Economic Development. New York: Oxford University Press.
Schumpeter, J. A. (1991). The Theory of Economic Development. Cambridge, Mass.: Harvard University Press.
Stock, J., and M. Watson (1993). A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems. Econometrica 61 (4): 783–820.
Wachtel, P., and P. Rousseau (1995). Financial Intermediation and Economic Growth: A Historical Comparison of the U.S., U.K. and Canada. In M. Bordo and R. Sylla (eds.), Anglo-American Financial Systems: Institutions and Markets in Twentieth Century North America and the United Kingdom. Homewood, Ill.: Business One Irwin.