Abstract
This paper employs a new panel dataset and a wide assorted number of indicators both de jure and de facto measures to proxy for international financial integration to investigate the relationship between international financial integration and economic growth. Using 79 countries with the data covering the period from 1980 to 2003, our analysis indicates a weak relationship between international financial integration and economic growth. Our data also show that this relationship is not different even though we control for different economic conditions.
| Original language | English |
|---|---|
| Number of pages | 12 |
| Journal | Business Review\, Cambridge |
| Publication status | Published - 2005 |
Keywords
- international finance
- finance
- international economic integration
- international economic relations
- economic development
- economic policy
