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Financial development and economic growth: a panel approach

P. J. Dawson

Applied Economics Letters, 2010, vol. 17, issue 8, 741-745

Abstract: This article examines the finance-growth nexus for a panel of less developed countries using panel cointegration methods. The financial development elasticity of gross domestic product is 0.46, and this varies little between broad income groups.

Date: 2010
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Citations: View citations in EconPapers (20)

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DOI: 10.1080/13504850802314411

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