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Infrastructures financières et croissance économique

Author

Listed:
  • Bruno Amable

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, UP1 - Université Paris 1 Panthéon-Sorbonne)

  • Jean-Bernard Chatelain

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, UP1 - Université Paris 1 Panthéon-Sorbonne)

Abstract

Dans cet article, les infrastructures financières augmentent l'efficacité du secteur bancaire: elles diminuent le pouvoir de marché des intermédiaires financiers (provenant de coûts de transactions et d'une différentiation spatiale horizontale), elles diminuent le coût du capital, augmentent le nombre de déposants et le montant total de l'épargne collectée par les banques. Ces facteurs augmentent le taux de croissance et peuvent permettre à des pays de sortir d'un piège à pauvreté. En revanche, la fiscalité finance ces infrastructures et diminue la rentabilité après impôt du capital. On évalue un niveau optimal d'infrastructures financières maximisant la croissance ou une mesure du bien-être agrégé.

Suggested Citation

  • Bruno Amable & Jean-Bernard Chatelain, 1999. "Infrastructures financières et croissance économique," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00432131, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00432131
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00432131
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    References listed on IDEAS

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    More about this item

    Keywords

    Banques; concurrence imparfaite; différentiation spatiale; coût du capital; dépôts; coûts de transaction.; Croissance; Infrastructures financières; concurrence imparfaites; Différentiation; Banques.;
    All these keywords.

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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