... owner. Further reproduction prohibited without permission. Financial development andeconomic growth: Views and agendaRoss LevineJournal of Economic Literature; Jun 1997; 35, 2; ABI/INFORM Globalpg....
... A. and Limongi, F. (1993). “Political Regimes andEconomic Growth, ” Journal of Economic Perspectives 7: 51–69.Przeworski, A., Alvarez, M.E., Cheibub, J.A. and Limongi, F. (2000). Democracy and Development: ... (Fukuyama, 1992) and the economicgrowthand efficiency thatappears to sustain it.We attempt to enhance the understanding of the indirect effects that democ-racy has on economic growth. Although ... education and health, both of which facilitate economicgrowth (Baum and Lake, 2003;Helliwell, 1994). Moreover, democracy facilitates political stability, which is alsoknown to be good for economic growth. We...
... 1999. EconomicGrowthand Political Regimes, Journal of Economic Growth, 4:81-111. Esfahani, H. and M. Ramirez. 2003. Institutions, Infrastructure andEconomic Growth. Journal of Development Economics ... Ozler, N. Roubini, and P. Swagel. 1996. Political Instability andEconomic Growth, Journal of Economic Growth Alesina, A. and D. Rodrik. 1994. Distributive Politics and Economics Growth. Quarterly ... Lawson and R.G. Holcombe 1999. Economic freedom and the environment for economic growth, Journal of Theoretical and Institutional Economics, 155, 643-663. Hanke, S. and S. Walters. 1997. Economic...
... 1999. EconomicGrowthand Political Regimes, Journal of Economic Growth, 4:81-111. Esfahani, H. and M. Ramirez. 2003. Institutions, Infrastructure andEconomic Growth. Journal of Development Economics ... Lawson and R.G. Holcombe 1999. Economic freedom and the environment for economic growth, Journal of Theoretical and Institutional Economics, 155, 643-663. Hanke, S. and S. Walters. 1997. Economic ... Relationship Between Democracy andEconomic Growth. Public Choice 86, 175-98. Doucouliagos, C.(H)., and M.A. Ulubasoglu. 2006. Economic Freedom andEconomic Growth: Does Specification Make...
... (Fukuyama, 1992) and the economicgrowthand efficiency thatappears to sustain it.We attempt to enhance the understanding of the indirect effects that democ-racy has on economic growth. Although ... largelyDRURY/KRIECKHAUS/LUSZTIG: Corruption, Democracy, andEconomicGrowth 125Corruption, Democracy, andEconomic Growth A. COOPER DRURY, JONATHAN KRIECKHAUS, AND MICHAEL LUSZTIGABSTRACT. Scholars have ... A. and Limongi, F. (1993). “Political Regimes andEconomic Growth, ” Journal of Economic Perspectives 7: 51–69.Przeworski, A., Alvarez, M.E., Cheibub, J.A. and Limongi, F. (2000). Democracy and Development:...
... Canning, and Günther Fink, "Population Aging andEconomic Growth& quot;, forthcoming in Spence, Michael, and Danny Leipziger (eds.), Global Challenges and Growth, Commission on Growthand Development. ... anticipation of retirement, and the flexibility of capitalist economies to adapt to changes in labor supply and demand and to alter management and labor practices in light of changing market conditions) ... Yuanli Liu, Ajay Mahal, and Winnie Yip, ‘The Contribution of Population Health and Demographic Change to EconomicGrowth in China and India’, Journal of Comparative Economics, forthcoming 2010....
... social trust andeconomic growth. To shed more light on how social trust might influence economic growth, the relationship between social trust and human capital and social trust and legal quality ... social trust andeconomic performance and thus to contribute to a deeper understanding of economic growthand social trust. To achieve this goal the analysis is based on a panel dataset and thus ... institutions and governmental structure and tries to explain why there are nevertheless huge disparities in economic performance between Northern and Southern Italy. His findings suggest that the economic...
... Rates and State Economic Growth. ” Regional Science and Urban Economics 24(6): 687–705. Plaut, T. R., and Pluta, J. (1983) “Business Climate, Taxes and Expenditures, and State Industrial Growth ... Hypotheses.” Economic Inquiry 27 (3):367–86. Mofidi, A., and Stone J. A. (1990) “Do State and Local Taxes Affect Economic Growth? ” Review of Economics and Statistics 72 (4):686–91. Mullen, J. K., and ... (1990) “Tiebout Taxes andEconomic Growth. ” CatoJournal 10 (1): 99–108.__________ (1995) “State and Local Taxation and Economic Growth: Lessons for Federal Tax Reform.” Joint Economic Committee....
... 45References Andrade, J. P. and J. R. Faria (1994). “Money and Growth: From a Quasi-Neoclassical Standpoint”, Revista Brasieira de Economia, Vol. 48, pp. 529-550. Andres J. and I. Hernando (1997). ... Inflation andEconomic Growth, NBER Working Paper 5326. Barro, R. J. and X. Sala-i-Martin. (1995). Economic Growth, McGraw-Hill, New York. Bruno, M. and W. Easterly. (1995). Inflation Crises and ... of money and into interest earning assets, which leads to greater capital intensity and promotes economic growth. In effect, inflation exhibits a positive relationship to economic growth. Tobin...
... t-9.12MEXNORIDNUSACYPGBRGREESPELNLDNZLJORURYCOLZWEROMPHLPERZAFBRAMARGHAINDHHIENDHIENDHIENDHIENSGYJRLIRNFRAFINMYSCHNKORHKGTHAPRISLITAIRLTWNSGPTUNARGEducation andEconomic Growth Cisco Public 7Section 1—Education andEconomic Growth The relationship between economicgrowthand education has been one of the central threads of economic analysis. ... eds, Handbook of Economic Growth, Elsevier, North-HollandM. Bils and P. Klenow, 2000, ‘Does Schooling Cause Growth? ,’ American EconomicReview, 90-5:1160-1183W. Blankenau, N. Simpson and M. ... StatesLuxembourgCanadaSwitzerlandIrelandIsrealAustraliaNew ZealandUnited KingdomSwedenCzech RepublicSlovak RepublicJapanKoreaAustraliaPolandHungaryFranceBelgiumFinlandNetherlandsGreeceSpainIcelandItalyTurkeyMexicoPortugalEducation...
... ofdomestic capital markets — on the state of financial development and, hence, on the rateof economic growth. Easterly and Rebelo (1993) examined aspects of public investment and alsoconsidered ... commercial banks and other domestic financial institutions. The general finding isthat the presence of a more advanced domestic financial sector predicts higher economic growth. The main outstanding issue ... D., and Andrew Warner (1995) Economic Reform and the Process ofGlobal Integration” Brookings Papers on Economic Activity 1: 1-95.Solow, Robert M. (1956) “A Contribution to the Theory of Economic...
... investments in broadband and high-speed rail, and competitive education and infrastructure. In fact, the money spent on clean water, renewable energy, superfund sites, and much more, is going ... to have to be surgical and we’re going to have to be creative. We’re going to have to be smart and stra-tegic. We’ll need to look beyond the old standbys and fallbacks and come up with the best ... cities and communities together and changed the way we look at the world and innovated and created new products, that you can come up with some additional good ideas on how to create jobs. And...
... International Economics 33, 199-219. Liew, J., and M. Vassalou, 2002, “Can Book-to -Market, Size, and Momentum be Risk Factors that Predict Economic Growth? ,” Journal of Financial Economics, ... emerging markets capital markets into world financial markets are confined to equity markets,ignoring currency markets that arguably are more important in determining the success of financial liberalization. We ... emerging markets currency markets is yet to be determined, claims of financialmarket integration following capital marketliberalization may be premature (see, e.g., Bekaert, Harvey and Lumsdaine...
... capital markets and incorporate these measures into our study of stock markets. banks. andeconomic growth. Furthermork, we control for economic and political factors that may influence growth ... X and VOL. 88 NO. 3 LEVINE AND ZERVOS: STOCK MARKETS, BANKS, ANDGROWTH 557 DemirgiigKunt, Asli and Maksimovic, Vojislav. " ;Financial Constraints, Uses of Funds, and Firm Growth: ... 88 NO. 3 LEVINE AND ZERVOS: SrOCK MARKETS, BANKS, ANDGROWTH TABLEINITIAL STOCKMARKET BANKS, ~~-~OUNTRYDEVELOPMENT, AND GROWTH, SAMPLE Dependent variable: Output Growth 78-country...