文章基本信息

标题：Financial development and economic growth: A review
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作者：Chee-Keong Choong ; Sok-Gee Chan
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2011
卷号：5
期号：6
页码：2017-2027
DOI：10.5897/AJBM10.772
语种：English
出版社：Academic Journals
摘要：The relationship between financial development and economic growth has been subject to the considerable debate in the literature of development and growth. While empirical studies often provide a direct relationship between financial development proxies and growth, much controversy remains about how these results should be interpreted. The study, therefore, discusses four main sources of controversy, namely: the selection and measurement of financial development indicators, the causality direction of the financial development and economic growth, the use of empirical approaches to the finance-growth hypothesis, and the debate concerning the channels by which financial development promotes economic growth.
关键词：Financial development; economic growth