Detail A Production Function Approach for Analyzing The Finance-Growth Nexus : The Evidence From Taiwan   Oleh:  Wang, Eric C. Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Asian Economics vol. 10 no. 2 (1999), page 319-328. Topik: FINANCIAL; production; finance - growth nexus; evidence Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ50.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This paper proposes a framework for analyzing the nexus between financial development and economic growth in terms of spillover effects. It is based on the production function theory and consists of two versions of the two-sector model. The framework is applied as a prototype to the case of Taiwan’s use of deflated annual data for 1961 – 1995. The empirical results show that the spillover effects of the financial - leading version dominate those of the real - fostering version in the case studied. Although these spillover series are significantly influenced by the financial development variables, they hardly reveal the structural changes caused by the events of financial deregulation. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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