Does financial development accelerate economic growth?: An empirical analysis of European countries in transition

PurposeThis study aims to empirically explore whether there is causality and in which direction, i.e. whether financial development generates economic growth or whether financial development merely follows economic growth in transition European countries, including Russian Federation and Turkey, dur...

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Bibliographic Details
Published in:Journal of financial economic policy 2018-08, Vol.10 (3), p.426-435
Main Author: Fetai, Besnik Taip
Format: Article
Language:English
Subjects:
Banking
Causality
Central banks
Competition
Econometrics
Economic crisis
Economic development
Economic growth
Economic models
Federations
Finance
Financial services
GDP
Government spending
Gross Domestic Product
Inflation
Longitudinal studies
Per capita
Policy making
Public finance
Random effects
Research methodology
Value
Variables
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