Is the Financial Development and Economic Growth Relationship Nonlinear?

Thanasis Stengos, Andreas Savvides (), Theofanis Mamuneas and Elena Ketteni ()
Additional contact information
Elena Ketteni: University of Cyprus

Economics Bulletin, 2007, vol. 15, issue 14, 1-12

Abstract: Using nonparametric estimation techniques we find that, in contrast to recent research, the finance-growth relationship is linear when the previously documented nonlinearity between initial per capita income, human capital and economic growth is taken into account.

JEL-codes: O1 (search for similar items in EconPapers)
Date: 2007-07-24
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2007/Volume15/EB-07O10010A.pdf (application/pdf)

Related works:
Working Paper: Is the Financial Development and Economic Growth Relationship Nonlinear? (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-07o10010

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().