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Stock markets, banks, and growth : correlation or causality / Thorsten Beck and Ross Levine.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Beck, Thorsten.
- Series:
- Policy research working papers ; 2670.
- World Bank e-Library.
- Policy research working paper ; 2670
- Language:
- English
- Subjects (All):
- Banks and banking--Economic aspects--Econometric models.
- Banks and banking.
- Causation--Econometric models.
- Causation.
- Economic development--Econometric models.
- Economic development.
- Stock exchanges--Economic aspects--Econometric models.
- Stock exchanges.
- Other Title:
- Policy research working paper vol. 2670
- Place of Publication:
- Washington, D.C. : World Bank, Development Research Group, Finance, [2001]
- System Details:
- data file
- Summary:
- Analysis of a panel data set for 1976-98 shows that on balance stock markets and banks positively influence economic growth; findings that do not result from biases induced by simultaneity, omitted variables, or unobserved country-specific effects.
- Notes:
- "September 2001."
- Title from title screen as viewed on Aug. 30, 2002.
- Includes bibliographical references (p. 17-19).
- Publisher Number:
- 10.1596/1813-9450-2670
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