Tekijä: | Neusser, K. Kugler, M. |
Otsikko: | Manufacturing growth and financial development: evidence from OECD countries |
Lehti: | Review of Economics and Statistics
1998 : NOV, VOL. 80:4, p. 638-646 |
Asiasana: | ECONOMICS STATISTICS GROWTH |
Kieli: | eng |
Tiivistelmä: | Recent theoretical models conjecture that the development of the financial center is essential for economic growth. The authors investigate this hypothesis from a time-series perspective and find that financial sector GDP is cointegrated for many OECD countries not so much with manufacturing GDP but mostly with manufacturing total factor productivity. |
SCIMA