getCITED   
  Home     Search     Add Content     Reports     Help  
Edit Publication | Edit Contributors | Delete Publication | Edit References | Edit Citations
Add to Bookstack | Show Bookstack | Change Bookstack

Financial Dependence and Growth

Post a Comment
CONTRIBUTORS:
  Author Rajan, Raghuram G.
  Author Zingales, Luigi
JOURNAL:
  The American Economic Review (AER), 88(3), 559 - 86.
YEAR: 1998
PUB TYPE: Journal Article
SUBJECT(S): Financial-Markets-and-the-Macroeconomy (E440); General-Financial-Markets:-General-includes-measurement-and-data (G100); Financial-Institutions-and-Services:-General (G200); Industry-Studies:-Manufacturing:-General (L600); Measurement-of-Economic-Growth; -Aggregate-Productivity (O470); Economic-Growth; -Finance; -Financial-Markets; -Growth
DISCIPLINE: No discipline assigned
HTTP:
LANGUAGE: English
PUB ID: 103-357-659 (Last edited on 2002/02/27 18:44:25 US/Mountain)
SPONSOR(S):
 
ABSTRACT:
This paper examines 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. Specifically, the authors ask whether industrial sectors that are relatively more in need of external finance develop disproportionately faster in countries with more-developed financial markets. They find this to be true in a large sample of countries over the 1980s. The authors show this result is unlikely to be driven by omitted variables, outliers, or reverse causality.
STATISTICS
Click on # to view
 Citations  
 References  
 Comments  
 Quality      0/0.00 
 Interest      0/0.00 
 View(er)s   1/730 
Quality
  N/A
High
  7
  6
  5
  4
  3
  2
  1
Low
Interest
  N/A
High
  7
  6
  5
  4
  3
  2
  1
Low
Prev | Next

    ABOUT getCITED   |    CONTACT US   |    USER INFO   |    PREFERENCES   |    PRIVACY   |    LOG IN   
Comments? Suggestions? Send them to feedback@getCITED.org.

Copyright © 2000-2013 getCITED Inc. All Rights Reserved.