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Local financial development and growth

✍ Scribed by Jake Kendall

Book ID: 116616022
Publisher: Elsevier Science
Year: 2012
Tongue: English
Weight: 470 KB
Volume: 36
Category: Article
ISSN: 0378-4266
DOI: 10.1016/j.jbankfin.2012.01.001

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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