| dc.creator | BLANCO,LUISA | |
| dc.date | 2013-11-01 | |
| dc.date.accessioned | 2019-04-25T12:42:01Z | |
| dc.date.available | 2019-04-25T12:42:01Z | |
| dc.identifier | https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200002 | |
| dc.identifier.uri | http://revistaschilenas.uchile.cl/handle/2250/61285 | |
| dc.description | Using a panel of 16 countries during the 1961-2010 period, we find that financial development has a positive significant effect on economic growth in the long run for high-income countries but a negative significant effect for low-income countries. When studying the determinants of financial development, we find that higher financial openness and lower country risk are associated with greater financial development. The financial risk index has a positive significant effect on financial development, while the economic risk index has a negative significant effect. In addition, lower foreign debt and better socioeconomic conditions increase financial development. | |
| dc.format | text/html | |
| dc.language | en | |
| dc.publisher | Pontificia Universidad Católica de Chile. Instituto de Economía. | |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.source | Latin american journal of economics v.50 n.2 2013 | |
| dc.subject | Financial development | |
| dc.subject | economic growth | |
| dc.subject | institutions | |
| dc.subject | political stability | |
| dc.subject | Latin America | |
| dc.title | FINANCE, GROWTH, AND INSTITUTIONS IN LATIN AMERICA: WHAT ARE THE LINKS? | |
