教師資料查詢 | 類別: 期刊論文 | 教師: 林淑琴 LIN SHU-CHIN (瀏覽個人網頁)

標題:Financial Development on Growth Convergence
學年99
學期1
出版(發表)日期2010/09/01
作品名稱Financial Development on Growth Convergence
作品名稱(其他語言)
著者Kim, Dong-Hyeon; Huang, Ho-Chuan; Lin, Shu-Chin; Yeh, Chih-Chuan
單位淡江大學財務金融學系; 淡江大學經濟學系
出版者Chichester: Wiley-Blackwell Publishing Ltd.
著錄名稱、卷期、頁數Scottish Journal of Political Economy 57(4), pp.493-514
摘要This paper investigates whether the impacts of financial development on growth convergence vary with the stage of real development. We implement this analysis through the instrumental variable threshold regression approach proposed by Caner and Hansen. Our empirical evidence shows that financial intermediary development leads to long-run convergence in growth of both economic activity and productivity. Moreover, such convergence-enhancing effects of financial intermediation are stronger for less-developed countries than for the more industrialized. In addition, the data reveal that stock market development assists growth convergence only in low-income countries.
關鍵字
語言英文
ISSN0036-9292;1467-9485
期刊性質國外
收錄於SSCI
產學合作
通訊作者
審稿制度
國別英國
公開徵稿
出版型式紙本;紙本;電子版
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