التفاصيل البيبلوغرافية
العنوان: |
Two to tangle: Financial development, political instability and economic growth in Argentina |
المؤلفون: |
Campos, Nauro F., Karanasos, Menelaos G., Tan, Bin |
المجموعة: |
RePEc (Research Papers in Economics) |
الوصف: |
This paper studies the impact of financial liberalization on economic growth. It contributes to this literature by using an innovative econometric methodology and a unique data set of historical series. It presents power ARCH estimates for Argentina for the period from 1896 to 2000. The main results show that the long-run effect of financial liberalization on economic growth is positive while the short-run effect is negative, albeit substantially smaller. Interestingly, we find that financial development affects growth only directly, that is, not through growth volatility. ; Economic growth; Financial development; Volatility; Political instability; Power-ARCH |
نوع الوثيقة: |
article in journal/newspaper |
اللغة: |
unknown |
Relation: |
http://www.sciencedirect.com/science/article/pii/S0378426611002226 |
الاتاحة: |
http://www.sciencedirect.com/science/article/pii/S0378426611002226 |
رقم الانضمام: |
edsbas.D8AAACA8 |
قاعدة البيانات: |
BASE |