An empirical analysis of the interlinkages between financial sector and economic growth

Pirtea, Marilen and Dima, Bogdan and Milos, Laura Raisa (2009): An empirical analysis of the interlinkages between financial sector and economic growth. Published in: Annals of DAAAM for 2009 & Proceedings , Vol. 20, No. 1 (25 November 2009): pp. 343-344.

Abstract

There is a growing literature body which examines the connections between financial status and economic growth. The aim of this paper is to examine the mechanism through which this positive connection is realized. The methodology is based on a pool data regression with dynamic of real GDP as dependent variable and some key variables of the financial sector. The main output of our study consists in the thesis that the financial status matter for the economic growth.

• Item Type: MPRA Paper
• Language: English
• Keywords: finance, growth, cost of capital, yield
• Subjects: G - Financial Economics > G1 - General Financial Markets > G10 - General

References

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