Essays in Financial Development and Economic Growth

Download or read book Essays in Financial Development and Economic Growth written by Linh Bun and published by . This book was released on 2018 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 (Part I): Financial Development and Growth: Multi-dimensional View analyze the effects of "financial development" on economic growth using a multi-dimensional view. Existing literature uses a single dimension, financial depth, as measure of financial development. Our approach is to consider a multi-dimensional view of financial development and to take in to account other dimensions of financial development. We categorize financial development (financial institutions and markets) along three dimension: financial depth, access and efficiency. We find that for the country sample analyzed, financial institutions depth and efficiency are compliment.