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Nivel de ingresos en la ocde: su influencia en el desarrollo del sistema financiero y el crecimiento económico

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  • Ortiz-Zarco, Ruth

    (sepi-ese-ipn)

  • Aali-Bujari, Ali

    (sepi-ese-ipn)

Abstract

El objetivo de esta investigación es determinar si en los países de la ocde la eficiencia crediticia internacional y el desarrollo del sistema financiero influyeron en el crecimiento económico durante el periodo 1999-2011. Se plantea un modelo econométrico de datos de panel, sustentado teóricamente en el modelo de Ramsey, Cass y Koopmans con intermediación financiera de Marco Pagano (1993), se incluyen variables dicotómicas con la finalidad de encontrar un comportamiento diferenciado de acuerdo al nivel de ingresos de los países en estudio. Los resultados de este trabajo son una aportación empírica a la visión que ve en el sector financiero un impacto positivo y fundamental para el crecimiento económico. Se demostró que la eficiencia crediticia internacional tiene un efecto positivo en el crecimiento económico y el desarrollo del sistema financiero, representado por: capitalización de mercado de las compañías que cotizan en bolsa, reservas y spread bancario, alientan el crecimiento económico/ The objective of this research is to determine whether the oecd countries, international credit efficiency and financial system development influenced the economic growth during the period 1999-2011. We propose an econometric model of panel data, supported theoretically in the Ramsey, Cass and Koopmans with financial intermediation Marco Pagano (1993), dichotomous variables are included in order to find a different behavior according to the income level of study countries. The results of this work are an empirical contribution to the vision he sees in the financial sector and fundamental positive impact on economic growth. Efficiency was demonstrated that international credit has a positive effect on economic growth and development of the financial system, represented by the market capitalization of listed companies, stocks and bank spread, encourages economic growth.

Suggested Citation

  • Ortiz-Zarco, Ruth & Aali-Bujari, Ali, 2013. "Nivel de ingresos en la ocde: su influencia en el desarrollo del sistema financiero y el crecimiento económico," eseconomía, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 0(39), pages 7-30, tercer tr.
    • Handle: RePEc:ipn:esecon:v:viii:y:2013:i:39:p:7-30
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    References listed on IDEAS

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    More about this item

    Keywords

    efficiency international credit; financial develo;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F30 - International Economics - - International Finance - - - General
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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