Financial Indicators and Growth in a Cross Section of Countries
Author | : Robert Graham King |
Publisher | : World Bank Publications |
Total Pages | : 55 |
Release | : 1992 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Financial Indicators and Growth in a Cross Section of Countries written by Robert Graham King and published by World Bank Publications. This book was released on 1992 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial indicators may be linked to growth through two "channels" in particular: the share of GDP allocated to investment and the efficiency with which resources are used. It is empirically important to identify which financial intermediaries are doing the intermediation and to whom the financial system is allocating credit rather than simply using proxies for the overall size of the financial system, as has been common in past studies.