BazEkon - Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie

BazEkon home page

Meny główne

Autor
Sum Katarzyna (Szkoła Główna Handlowa w Warszawie)
Tytuł
The integration of financial markets and growth- the role of banking regulation and supervision
Źródło
Roczniki Kolegium Analiz Ekonomicznych / Szkoła Główna Handlowa, 2012, nr 26, s. 129-142, tab., bibliogr. 14 poz.
Tytuł własny numeru
Modelowanie danych panelowych : teoria i praktyka. Cz. 1
Słowa kluczowe
Regulacje bankowe, Wzrost gospodarczy, Integracja finansowa, Badania empiryczne
Bank regulations, Economic growth, Financial integration, Empirical researches
Uwagi
summ.
Abstrakt
The study is aimed at investigating the role of banking regulation and supervision in the relation between financial integration and long term growth by means of dynamic panel model estimation. The study covers a sample of 69 countries during the period 1975-2007.The study gives some new results on the impact of banking regulation on the investigated relation. Banking regulation can turn the negative impact of financial integration on growth into positive. Moreover the results indicate that the respective banking regulatory features play various roles in shaping the effects of financial integration on growth. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka SGH im. Profesora Andrzeja Grodka
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Bibliografia
Pokaż
  1. Babecký J., Komárek L., Komárková Z., Financial Integration of Stock Markets among New EU Member States and the Euro Area, "Warwick Economic Research Papers" 2010, no. 849.
  2. Barro R., Lee W., International Data on Educational Attainment: Updates and Implications, CID Working Paper 2000, no. 42, http://www.hks.harvard.edu/centers/cid/publications/ aculty-working-papers/ cid-working-paper-no.- 42.
  3. Barth J., Caprio G., Levine R., Bank regulation and supervision: what works best?, "Journal of Financial Intermediation" 2004, vol. 13, pp. 205-248.
  4. Bonfiglioli A., Financial Integration, Productivity and Capital Accumulation, "Journal of International Economics" 2008, vol. 76 (2), pp. 337-355.
  5. Cetorelli N., Goldberg L., Global Banks and International Shock Transmission: Evidence from the Crisis, "IMF Economic Review" 2011, vol. 59 (1), pp. 41-76.
  6. Demirgüc-Kunt A., Detragiache E., Basel Core Principles and bank soundness. Does compliance matter?, "Journal of Financial Stability" 2011, vol. 7 (4), pp. 179-190.
  7. Glaeser E., La Porta R., Lopez de Silanes F., Schleifer A., Do institutions cause growth?, "Journal of Economic Growth" 2004, vol. 9 (3), pp. 271-303.
  8. Kaufmann D., Kraay A., Mastruzzi M., The Worldwide Governance Indicators, Methodology and Analytical Issues, World Bank (Washington), Policy Research Working Paper 2010.
  9. Kose M., Prasad E., Terrones M., How Does Financial Globalization Affect Risk Sharing? Patterns and Channels, International Monetary Fund (Washington), Working Papers 2007, no. 07/238.
  10. Kose M., Prasad E., Taylor A., Thresholds in the Process of International Financial Integration, Institute for the Study of Labor (Bonn), IZA Discussion Paper 2009, no. 4133.
  11. Levine R., Zervos S., Stock Markets, Banks, and Economic Growth, "The American Economic Review" 1998, vol. 88 (3), pp. 537-558.
  12. Loayza N., Ranciere R., Financial Development, Financial Fragility, and Growth, "Journal of Money, Credit, and Banking" 2006, vol. 38 (4), pp. 1051-1076.
  13. Mankiw G., Romer D., Weil D., A Contribution to the Empirics of Economic Growth, "The Quarterly Journal of Economics" 1992, vol. 107 (2.), pp. 407-437.
  14. Osada M., Saito S., Financial Integration and Economic Growth: An Empirical Analysis Using International Panel Data from 1974-2007, Paper for the third annual workshop of the BIS Asian Research Networks held on March 26, 2010, http://www.bis.org/repofficepubl/arpresearch201003.13.pdf.
Cytowane przez
Pokaż
ISSN
1232-4671
Język
eng
Udostępnij na Facebooku Udostępnij na Twitterze Udostępnij na Google+ Udostępnij na Pinterest Udostępnij na LinkedIn Wyślij znajomemu