金融与增长的关系：发达国家和发展中国家的机构扮演什么角色？

Q4 Economics, Econometrics and Finance

Journal of economic development Pub Date : 2017-12-01 DOI:10.35866/CAUJED.2017.42.4.001

H. Hamdi, A. Hakimi, Rashid Sbia

{"title":"金融与增长的关系：发达国家和发展中国家的机构扮演什么角色？","authors":"H. Hamdi, A. Hakimi, Rashid Sbia","doi":"10.35866/CAUJED.2017.42.4.001","DOIUrl":null,"url":null,"abstract":"The main purpose of this paper is to investigate the relationship between financial sector development and economic growth taking into consideration the role of institutions quality. Our sample is on a group of 143 countries observed during the period of 2006-2013. The sample is dived into 100 developing and 43 developed countries. Using structural GMM the paper shows that financial sector plays a crucial role in economic development and growth for the whole sample as well as for developed and developing countries. However, the results show that unlike developing countries, developed countries enjoyed the presence of proper institutions in their countries which in turn have contributed further to the development of their financial sector.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"42 1","pages":"1-22"},"PeriodicalIF":0.0000,"publicationDate":"2017-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"9","resultStr":"{\"title\":\"Finance and Growth Nexus: What Role for Institutions in Developed and Developing Countries?\",\"authors\":\"H. Hamdi, A. Hakimi, Rashid Sbia\",\"doi\":\"10.35866/CAUJED.2017.42.4.001\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The main purpose of this paper is to investigate the relationship between financial sector development and economic growth taking into consideration the role of institutions quality. Our sample is on a group of 143 countries observed during the period of 2006-2013. The sample is dived into 100 developing and 43 developed countries. Using structural GMM the paper shows that financial sector plays a crucial role in economic development and growth for the whole sample as well as for developed and developing countries. However, the results show that unlike developing countries, developed countries enjoyed the presence of proper institutions in their countries which in turn have contributed further to the development of their financial sector.\",\"PeriodicalId\":15602,\"journal\":{\"name\":\"Journal of economic development\",\"volume\":\"42 1\",\"pages\":\"1-22\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2017-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"9\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of economic development\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.35866/CAUJED.2017.42.4.001\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of economic development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.35866/CAUJED.2017.42.4.001","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}

引用次数: 9

摘要

本文的主要目的是在考虑制度质量作用的情况下，研究金融部门发展与经济增长之间的关系。我们的样本来自2006-2013年期间观察到的143个国家。样本分为100个发展中国家和43个发达国家。利用结构GMM，本文表明金融部门在整个样本以及发达国家和发展中国家的经济发展和增长中发挥着至关重要的作用。然而，研究结果表明，与发展中国家不同，发达国家在本国拥有适当的机构，这些机构反过来又为其金融部门的发展做出了进一步贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Finance and Growth Nexus: What Role for Institutions in Developed and Developing Countries?

The main purpose of this paper is to investigate the relationship between financial sector development and economic growth taking into consideration the role of institutions quality. Our sample is on a group of 143 countries observed during the period of 2006-2013. The sample is dived into 100 developing and 43 developed countries. Using structural GMM the paper shows that financial sector plays a crucial role in economic development and growth for the whole sample as well as for developed and developing countries. However, the results show that unlike developing countries, developed countries enjoyed the presence of proper institutions in their countries which in turn have contributed further to the development of their financial sector.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Journal of economic development Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： The Journal of Economic Development (JED) promotes and encourages research that aim at economic development and growth by publishing papers of great scholarly merit on a wide range of topics and employing a wide range of approaches. JED welcomes both theoretical and empirical papers in the fields of economic development, economic growth, international trade and finance, labor economics, IO, social choice and political economics. JED also invites the economic analysis on the experiences of economic development in various dimensions from all the countries of the globe.