search query: @author Cambell, R.H. / total: 1
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| Author: | Bekaert, G. Cambell, R.H. |
| Title: | Does financial liberalization spur growth? |
| Journal: | Journal of Financial Economics
2005 : JULY, VOL. 77:1, p. 3-55 |
| Index terms: | Stock markets Finance Liberalization |
| Language: | eng |
| Abstract: | This article shows that, on average, equity market liberalizations lead to a 1% increase in annual real economic growth. The writers also find that capital account liberalization also plays a role in future economic growth, but, importantly, it does not subsume the contribution of equity market liberalizations. |
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