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Financial development and economic growth in Australia: An empirical analysis

✍ Scribed by Shandre M. Thangavelu; Ang Beng Jiunn; James

Publisher
Springer-Verlag
Year
2004
Tongue
English
Weight
267 KB
Volume
29
Category
Article
ISSN
0377-7332

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## Abstract The objective of this paper is to survey what is actually known about the finance–growth relationship based on theory and empirical work. We point out that traditional theoretical models linking financial development and economic growth do not pay sufficient attention to insights emergi