A Summary of the Research on the Relationship Between Financial Development and Economic Growth from the Perspective of National Differences

DOI

10.2991/aebmr.k.191217.166How to use a DOI?

Keywords

financial development, economic growth, national differences

Abstract

The relationship between financial development and economic growth has always been a hot issue. From the perspective of transnational sample and single country sample, this paper summarizes the relationship between financial development and economic growth among different countries. Based on the existing literature, there are five relationships between financial development and economic growth in different sample countries: one-way relationship, mutual promotion relationship, non-linear relationship, negative relationship and no relationship. The article holds that there are two reasons why researchers draw different conclusions: one is that the research variables are different, the other is that the empirical models are different.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wang Xiaoping
AU  - Liu Min
PY  - 2019
DA  - 2019/12/20
TI  - A Summary of the Research on the Relationship Between Financial Development and Economic Growth from the Perspective of National Differences
BT  - Proceedings of the 2019 International Conference on Economic Management and Cultural Industry (ICEMCI 2019)
PB  - Atlantis Press
SP  - 966
EP  - 976
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.191217.166
DO  - 10.2991/aebmr.k.191217.166
ID  - Xiaoping2019
ER  -