文章基本信息

标题：The Effect of Financial Deepening on Economic Growth, Inequality, and Poverty: Evidence from 73 Countries
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作者：Catur Sugiyanto ; Zefania Yolanda
期刊名称：South East European Journal of Economics and Business
印刷版ISSN：1840-118X
出版年度：2020
卷号：15
期号：2
页码：15-27
DOI：10.2478/jeb-2020-0012
出版社：Walter de Gruyter GmbH
摘要：This study aims to analyze the effect of financial deepening on economic growth, income inequality, and poverty rates in 73 countries during the period 1991–2015. Panel data regression and the interaction of dummy variables are used to measure the effect. The results indicate that financial deepening has positive effects on economic growth, but negative effects on income inequality and poverty rates; has significant effect on economic growth in advanced economies (AEs) and significant effect on income equality and poverty rates in emerging markets and developing economies (EMDEs). These findings show that countries have to be selective in developing their financial sectors as it either can have positive or negative effect.
关键词：financial deepening ; income inequality ; poverty ; panel data ; O16 ; I30 ; C23