Banking Sector Openness and Economic Growth

Banking sector openness may directly affect growth by improving the access to financial services and indirectly by improving the efficiency of financial intermediaries, both of which reduce the cost of financing, and in turn, stimulate capital accumulation and economic growth. The objective of the p...

Full description

Bibliographic Details
Main Authors:	Bayraktar, Nihal, Wang, Yan
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING ACTUAL COST ALLOCATIVE EFFICIENCY AUDITING BANK ASSETS BANK OF KOREA BANKING SECTOR BANKING SERVICES BORROWING CAPACITY BUILDING CAPITAL ACCUMULATION CAPITAL FLIGHT CAPITAL INVESTMENT CAPITAL MOBILITY COMPETITIVENESS CONSTANT RETURNS TO SCALE CONSUMERS COST OF CAPITAL COUNTRY LEVEL DEBT DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC CREDIT DYNAMIC PANEL EARNING ASSETS ECONOMETRICS ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC STATISTICS ECONOMIC STUDIES EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL MODEL EMPIRICAL RESULTS EMPIRICAL SECTION EMPIRICAL STUDIES EMPLOYMENT EMPLOYMENT EQUATIONS ENTREPRENEURSHIP EQUATIONS ERROR TERM ERROR TERMS ESTIMATED COEFFICIENTS ESTIMATION METHOD ESTIMATION RESULTS EXPECTED RETURNS EXPECTED VALUE EXPLANATORY VARIABLES FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY DEVELOPMENT FINANCIAL INTERMEDIATION FINANCIAL LIBERALIZATION FINANCIAL MARKETS FINANCIAL REGULATION FINANCIAL SECTOR FINANCIAL SERVICES FOREIGN BANKS FOREIGN ENTRY FUNCTIONAL FORM GDP GDP PER CAPITA GLOBALIZATION GROWTH IMPACT GROWTH LITERATURE GROWTH MODEL GROWTH MODELS GROWTH RATE GROWTH REGRESSIONS HIGH INFLATION HUMAN CAPITAL IMPROVING PRODUCTIVITY INDEPENDENT VARIABLES INFLATION INFLATION RATE INTEREST INCOME INTEREST RATE INTEREST RATES INTERNATIONAL COMPETITION INVESTMENT RATE LAGGED LEVELS LAWS LIBERALIZATION OF FINANCIAL MARKETS LIQUIDITY LONG-RUN GROWTH LOW INTEREST RATES LOWERING BARRIERS MACROECONOMIC INSTABILITY MACROECONOMIC STABILITY MARKET FAILURES MONETARY ECONOMICS NAFTA NEGATIVE EFFECT NEGATIVE SIGN NET INTEREST MARGIN 0 HYPOTHESIS OVERHEAD COSTS POLICY RESEARCH POLITICAL ECONOMY POSITIVE EFFECTS PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT RATE PROFITABILITY PROMOTING GROWTH PUBLIC INFRASTRUCTURE REAL GDP REAL INTEREST RATE REAL INTEREST RATES RETAINED EARNINGS RISK FACTORS RISK SHARING SAVINGS SERIAL CORRELATION SIGNIFICANT IMPACT STATE BANKS TRADE LIBERALIZATION TRANSITION ECONOMIES
Online Access:	http://documents.worldbank.org/curated/en/2006/10/7095002/banking-sector-openness-economic-growth http://hdl.handle.net/10986/9273

Internet

http://documents.worldbank.org/curated/en/2006/10/7095002/banking-sector-openness-economic-growth
http://hdl.handle.net/10986/9273

Banking Sector Openness and Economic Growth

Internet

Similar Items