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Does financial sector development affect economic growth in transition countries
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The article was published on 2002-01-01 and is currently open access. It has received 14 citations till now. The article focuses on the topics: Economic sector & Financial sector development.read more
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Financial Development and Economic Growth in a Transition Economy: Evidence for Poland
TL;DR: In this paper, the authors examined the long-run relationship between finance and economic growth for a transition economy, such as Poland using quarterly data from 1994:Q1 until 2004:Q4.
Journal ArticleDOI
Private Savings in Transition Economies: Are There Terms of Trade Shocks?
Abdur Chowdhury,Abdur Chowdhury +1 more
TL;DR: In this paper, the authors examined the impact of terms of trade shocks on private savings in the transition economies after accounting for the effect of other determinants, and found that favorable movements in both the permanent and transitory components of the terms of the trade have a significant positive impact on the private savings with transitory movements having a larger impact than the permanent component.
Journal ArticleDOI
Financial development and economic growth : theory and a survey of evidence
TL;DR: In this paper, the authors present a simple endogenous growth model to demonstrate the role of financial development in economic growth and further explore the causal relationship between financial development and economic growth, highlighting issues worthy of consideration in future empirical studies on the finance-growth nexus.
Dissertation
Financial Development, Economic Growth And Poverty In Kenya
TL;DR: In this paper, the authors present a list of ABBREVIATIONS and ACRONYMS and define a formal definition of terms for the categories of ABBEVIATION and ACLONYMS.
Bank Failure and Economic Development in Nigeria: An Empirical Approach
TL;DR: In this paper, the authors examined the effect of bank failure on Nigeria economic development using the OLS method for regression models on a sample data ranging from 2001 to 2010, findings showed that a percentage increase in non-performing loans hampered GDP by 1.57% while increase in interest rate decline the economy by 8.48%.
References
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Book
The theory of economic development
TL;DR: Buku ini memberikan infmasi tentang aliran melingkar kehidupan ekonomi sebagaimana dikondisikan oleh keadaan tertentu, fenomena fundamental dari pembangunan EKonomi, kredit, laba wirausaha, bunga atas modal, and siklus bisnis as mentioned in this paper.
ReportDOI
Financial Dependence and Growth
Raghuram G. Rajan,Raghuram G. Rajan,Raghuram G. Rajan,Luigi Zingales,Luigi Zingales,Luigi Zingales +5 more
TL;DR: This paper examined whether financial development facilitates economic growth by scrutinizing one rationale for such a relationship; that financial development reduces the costs of external finance to firms, and found that industrial sectors that are relatively more in need of foreign finance develop disproportionately faster in countries with more developed financial markets.
BookDOI
Financial development and economic growth : views and agenda
Ross Levine,Ross Levine +1 more
TL;DR: The authors argued that the preponderance of theoretical reasoning and empirical evidence suggests a positive first-order relationship between financial development and economic growth, and that financial development level is a good predictor of future rates of economic growth.
Posted Content
Financial Dependence and Growth
Raghuram G. Rajan,Luigi Zingales +1 more
TL;DR: This paper examined whether financial development facilitates economic growth by scrutinizing one rationale for such a relationship: that financial development reduces the costs of external finance to firms, and they found that industrial sectors that are relatively more in need of foreign finance develop disproportionately faster in countries with more developed financial markets.
Posted Content
Financial Development and Economic Growth: Views and Agenda
Ross Levine,Ross Levine +1 more
TL;DR: The authors argue that the preponderance of theoretical reasoning and empirical evidence suggests a positive, first-order relationship between financial development and economic growth, and that the development of financial markets and institutions is a critical and inextricable part of the growth process and away from the view that the financial system is an inconsequential sidehow, responding passively to economic growth.