Algumas evidências internacionais sobre a relação entre sistema financeiro e crescimento econômico no domínio da frequência
Bruno Rocha () and
Igor Viveiros de Souza
Additional contact information
Igor Viveiros de Souza: UFOP
No 461, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais
This paper aims to present causality tests between financial system and economic growth in the frequency domain for Brazil, India, France, Japan, United States and Korea. This approach allows to capture nonlinearities in the direction of the causality from short to longer terms. Indeed the results show variation in causality tests depending on the frequency of the cycles considered. There is evidence of that the financial system is a causal factor for long-term economic growth in Brazil. For developed countries (United States and France) that causality is not as important once controlled by capital accumulation.
Keywords: economic growth; financial system; time series in frequency domain (search for similar items in EconPapers)
JEL-codes: O16 G18 C32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fdg
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cdp:texdis:td461
Ordering information: This working paper can be ordered from
Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil
Access Statistics for this paper
More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil. Contact information at EDIRC.
Series data maintained by Gustavo Britto ().