An empirical analysis of the relationship between bank credit and economic growth
This paper tests the hypothesis that bank credit is necessary for economic growth, depending on the country's level of economic and financial development. It also seeks to verify whether the relationship between financial development and economic growth is monotonic. For this, Granger's ca...
Main Authors: | , , |
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Format: | Article |
Language: | Portuguese |
Published: |
Universidade Federal de Santa Catarina
2021-06-01
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Series: | Textos de Economia |
Subjects: | |
Online Access: | https://periodicos.ufsc.br/index.php/economia/article/view/72868 |