Institutional quality thresholds and the finance – Growth nexus

Using an innovative threshold estimation technique, this study examines whether the growth effect of financial development in countries with distinct levels of institutional development differs. The results demonstrate that there is a threshold effect in the finance-growth relationship. Specifically...

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Veröffentlicht in:	Journal of banking & finance 2013-12, Vol.37 (12), p.5373-5381
Hauptverfasser:	Law, Siong Hook, Azman-Saini, W.N.W., Ibrahim, Mansor H.
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic development Economic growth Economic planning Economic policy Estimating techniques Finance Financial institutions Financial theory Institutions Organization development Organizational behaviour Studies Threshold effects
Online-Zugang:	Volltext
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