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2012 | nr 3 | 47--70
Tytuł artykułu

The Integration of the Financial Markets and Growth Evidence from a Global Cross-Country Analysis

Warianty tytułu
Języki publikacji
The article is aimed at investigating the nexus between financial integration and growth and analyzing potential threshold effects in this relation for a sample of 69 countries during the period 1975-2007 by means of dynamic panel model estimation. The investigated thresholds are: financial depth, institutional quality and banking regulatory features. The obtained results confirm the majority of the results of related papers concerning the impact of the respective forms of financial integration on long term economic growth. The study gives also some new results on potential thresholds. The set of exercises points to a significant positive influence of restrictive banking regulation on the financial integration-growth nexus. (original abstract)
Opis fizyczny
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