期刊名称：Discussion Papers / University of Leicester, Department of Economics
出版年度：2015
出版社：Leicester
摘要：We provide evidence from a large number of countries which demonstrates the changing nature of the finance-growth nexus. Specifically, we show that financial depth is no longer a significant determinant of long-run growth. Instead we find evidence to suggest that certain financial reforms have sizeable growth effects, which can be positive or negative depending on how well banks are regulated and supervised.
