Financial Development and Economic Growth in Brazil: 1986-2006

Patricia Stefani ()
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Patricia Stefani: Ideias Consultoria

Economics Bulletin, 2007, vol. 3, issue 69, 1-13

Abstract: This paper tries to investigate the relationship between financial development and economic growth in Brazil between 1986 and 2006, using a cointegrated VAR model. It finds that there exists a positive and significant relationship between these phenomena, with the measures of financial development being the driving forces.

JEL-codes: C3 G0 (search for similar items in EconPapers)
Date: 2007-12-19
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-07c30084

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