Financial dependence and growth: diminishing returns to improvement in financial development
| dc.citation.doi | 10.1016/j.econlet.2013.04.018 | en_US |
| dc.citation.epage | 219 | en_US |
| dc.citation.issue | 2 | en_US |
| dc.citation.jtitle | Economics Letters | en_US |
| dc.citation.spage | 215 | en_US |
| dc.citation.volume | 120 | en_US |
| dc.contributor.author | Shen, Leilei | |
| dc.contributor.authoreid | lshen | en_US |
| dc.date.accessioned | 2013-11-07T22:35:11Z | |
| dc.date.available | 2013-11-07T22:35:11Z | |
| dc.date.issued | 2013-08-01 | |
| dc.date.published | 2013 | en_US |
| dc.description.abstract | This paper examines how much financial development facilitates economic growth by nonparametrically estimating the e ffect of fi nancial development on reducing the costs of external fi nance to fi rms. The data reveal substantial evidence of diminishing returns to improvement in financial development. | en_US |
| dc.identifier.uri | http://hdl.handle.net/2097/16758 | |
| dc.language.iso | en_US | en_US |
| dc.relation.uri | http://doi.org/10.1016/j.econlet.2013.04.018 | en_US |
| dc.rights | This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s). | |
| dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | |
| dc.subject | Financial dependence | en_US |
| dc.subject | Growth | en_US |
| dc.subject | Semiparametric estimation | en_US |
| dc.title | Financial dependence and growth: diminishing returns to improvement in financial development | en_US |
| dc.type | Article (author version) | en_US |
