International Financial Integration and Economic Growth / Hali J. Edison [and three others].

Author
Edison, Hali J. [Browse]
Format
Book
Language
English
Published/​Created
Cambridge, MA : National Bureau of Economic Research, 2002.
Description
1 online resource (38 pages).

Details

Subject(s)
Series
Working paper series (National Bureau of Economic Research) ; Number 9164. [More in this series]
Summary note
This paper uses new data and new econometric techniques to investigate the impact of international financial integration on economic growth and also to assess whether this relationship depends on the level of economic development, financial development, legal system development, government corruption, and macroeconomic policies. Using a wide array of measures of international financial integration on 57 countries and an assortment of statistical methodologies, we are unable to reject the null hypothesis that international financial integration does not accelerate economic growth even when controlling for particular economic, financial, institutional, and policy characteristics.
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