Financial intermediation and growth: causality and causes without outliers |
| |
| Authors: | Corrado Andini |
| |
| Affiliation: | (1) Universidade da Madeira, Funchal, Portugal;(2) CEEAplA, Ponta Delgada, Portugal;(3) IZA, Bonn, Germany |
| |
| Abstract: | In a seminal paper, Levine et al. (J Monet Econ 46:31–77, 2000) provide cross-sectional evidence showing that financial development has positive average impact on long-run growth, using a sample of 71 countries. We argue that the evidence is sensitive to the presence of outliers. |
| |
| Keywords: | Financial development Economic growth |
| 本文献已被 SpringerLink 等数据库收录！ |
|
