IDEAS home Printed from https://ideas.repec.org/p/kud/kuieme/203.html
   My bibliography  Save this paper

Finansiel udvikling og økonomisk vækst

Author

Listed:
  • Thomas Barnebeck Andersen

    (Institute of Economics, University of Copenhagen)

Abstract

Recent time-series studies, using cointegration techniques, have found evidence of causality from financial sector development to economic growth in South Korea, India and Thailand. In this paper, the cointegration-based studies are examined by using a newly-developed modified WALD test. This test fails to establish causality. Theory and other empirical evidence support this result. Hence, we argue that finan cial liberalization based on the assumption that financial sector development will automa - tically boost economic growth is not likely to be successful.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Thomas Barnebeck Andersen, 2000. "Finansiel udvikling og økonomisk vækst," Bl� Memoserie 203, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuieme:203
    as

    Download full text from publisher

    File URL: http://www.econ.ku.dk/english/research/publications/wp/memo4/203.pdf/
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thomas Barnebeck Andersen & Finn Tarp, 2003. "Financial liberalization, financial development and economic growth in LDCs," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(2), pages 189-209.

    More about this item

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kud:kuieme:203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Hoffmann (email available below). General contact details of provider: https://edirc.repec.org/data/okokudk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.