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How the Size of the Monetary Sector Affects Economic Growth: Econometric Evidence from Industrial and Developing Countries

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  • Odedokun, Matthew O.

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  • Odedokun, Matthew O., 1999. "How the Size of the Monetary Sector Affects Economic Growth: Econometric Evidence from Industrial and Developing Countries," Journal of Policy Modeling, Elsevier, vol. 21(2), pages 213-241, March.
    • Handle: RePEc:eee:jpolmo:v:21:y:1999:i:2:p:213-241
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    1. Gelb, Alan H., 1989. "Financial policies, growth, and efficiency," Policy Research Working Paper Series 202, The World Bank.
    2. Moroney, John R, 1972. "The Current State of Money and Production Theory," American Economic Review, American Economic Association, vol. 62(2), pages 335-343, May.
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    4. Saving, Thomas R, 1972. "Transactions Costs and the Demand for Money," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 4(2), pages 245-259, May.
    5. Paul A. Samuelson, 1968. "What Classical and Neoclassical Monetary Theory Really was," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 1-15, February.
    6. Prais, Zmira, 1975. "Real Money Balances as a Variable in the Production Function: Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 7(4), pages 535-543, November.
    7. Johnson, Harry G, 1969. "Inside Money, Outside Money, Income, Wealth, and Welfare in Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 30-45, February.
    8. Sinai, Allen & Stokes, Houston H., 1981. "Real Money Balances and Production : A Partial Explanation of Japanese Economic Development for 1952-1968," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 21(2), pages 69-81, February.
    9. Jung, Woo S, 1986. "Financial Development and Economic Growth: International Evidence," Economic Development and Cultural Change, University of Chicago Press, vol. 34(2), pages 333-346, January.
    10. Feder, Gershon, 1983. "On exports and economic growth," Journal of Development Economics, Elsevier, vol. 12(1-2), pages 59-73.
    11. Sinai, Allen & Stokes, Houston, 1977. "Real Money Balances as a Variable in the Production Function: A Further Reply," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 9(2), pages 372-373, May.
    12. Nadiri, M Ishaq, 1970. "Some Approaches to the Theory and Measurement of Total Factor Productivity: A Survey," Journal of Economic Literature, American Economic Association, vol. 8(4), pages 1137-1177, December.
    13. Gail Pierson, 1972. "The Role of Money in Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(3), pages 383-395.
    14. M. I. Nadiri, 1969. "The Determinants of Real Cash Balances in the U.S. Total Manufacturing Sector," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 83(2), pages 173-196.
    15. Prais, Zmira, 1975. "Real Money Balances as a Variable in the Production Function: A Comment," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 243-244, May.
    16. Khan, Mohsin S & Kouri, Pentti, J K, 1975. "Real Money Balances as a Factor of Production: A Comment," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 244-246, May.
    17. Odedokun, M. O., 1996. "Alternative econometric approaches for analysing the role of the financial sector in economic growth: Time-series evidence from LDCs," Journal of Development Economics, Elsevier, vol. 50(1), pages 119-146, June.
    18. Subrahmanyam, Ganti, 1980. "Real Money Balances as a Factor of Production: Some New Evidence," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 280-283, May.
    19. Allen Sinai & Houston H. Stokes, 1989. "Money Balances in the Production Function: A Retrospective Look," Eastern Economic Journal, Eastern Economic Association, vol. 15(4), pages 349-363, Oct-Dec.
    20. Short, Eugenie Dudding, 1979. "A New Look at Real Money Balances as a Variable in the Production Function," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 326-339, August.
    21. Nguyen, Hong V, 1986. "Money in the Aggregate Production Function: Reexamination and Further Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 18(2), pages 141-151, May.
    22. International Monetary Fund, 1983. "Interest Rate Policies in Developing Countries," IMF Occasional Papers 1983/008, International Monetary Fund.
    23. Stein, Jerome L, 1970. "Monetary Growth Theory in Perspective," American Economic Review, American Economic Association, vol. 60(1), pages 85-106, March.
    24. Fischer, Stanley, 1974. "Money and the Production Function," Economic Inquiry, Western Economic Association International, vol. 12(4), pages 517-533, December.
    25. Jong S. You, 1981. "Money, Technology, and the Production Function: An Empirical Study," Canadian Journal of Economics, Canadian Economics Association, vol. 14(3), pages 515-524, August.
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    1. Shaw, Ming-Fu & Lai, Ching-Chong & Chang, Wen-Ya, 2005. "Anticipated policy and endogenous growth in a small open monetary economy," Journal of International Money and Finance, Elsevier, vol. 24(5), pages 719-743, September.
    2. Amina Ebrahim & Rebone Gcabo & Lilian Khumalo & Jukka Pirttilä, 2019. "Tax research in South Africa," WIDER Working Paper Series wp-2019-9, World Institute for Development Economic Research (UNU-WIDER).
    3. Mariusz Prochniak & Katarzyna Wasiak, 2017. "The impact of the financial system on economic growth in the context of the global crisis: empirical evidence for the EU and OECD countries," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(2), pages 295-337, May.
    4. Chang, Wen-ya, 2002. "Examining the long-run effect of money on economic growth: an alternative view," Journal of Macroeconomics, Elsevier, vol. 24(1), pages 81-102, March.
    5. P.J. Dawson, 2008. "Financial development and economic growth in developing countries," Progress in Development Studies, , vol. 8(4), pages 325-331, October.
    6. Kar Muhsin & Peker Osman & Kaplan Muhittin, 2008. "Trade Liberalization, Financial Development and Economic Growth in The Long Term: The Case of Turkey," South East European Journal of Economics and Business, Sciendo, vol. 3(2), pages 25-38, November.

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