Explaining the nonlinear effects of financial development on economic growth

DOI10.1007/S00712-008-0057-4zbMATH Open1186.91155OpenAlexW2087636096MaRDI QIDQ735162FDOQ735162

Authors: Fu-Sheng Hung 

Publication date: 21 October 2009

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00712-008-0057-4

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zbMATH Keywords

credit rationingasymmetric informationeconomic growthfinancial development

Mathematics Subject Classification ID

Economic growth models (91B62) Actuarial science and mathematical finance (91G99) Heterogeneous agent models (91B69)

Cites Work

• Financial Intermediation and Delegated Monitoring
• Some consequences of credit rationing in an endogeneous growth model
• Nonlinearity between finance and growth

Cited In (10)

• What determines the finance-growth nexus? Empirical evidence for threshold models
• Remittances and financial development: substitutes or complements in economic growth?
• A semi-parametric panel data analysis on financial development-economic volatility nexus in developing countries
• Economic growth, financial evolution, and the long-run behavior of velocity
• Revisiting the link between financial development and industrialization: evidence from low and middle income countries
• Nonlinearity between finance and growth
• Do both demand-following and supply-leading theories hold true in developing countries?
• Financial development and productive inefficiency: a robust conditional directional distance function approach
• The nonlinear impact of the short-term fluctuation on the long-term growth of China's regional economy: the role of financial leverage
• The nexus of financial development and economic growth across major Asian economies: evidence from bootstrap ARDL testing and machine learning approach

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