| 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 | en |
| ISSN | 0036-9292 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 | GBR |
| 公開徵稿 | |
| 出版型式 | 紙本 紙本 電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/72496 ) |
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