GTAP Resources: Resource Display
| GTAP Resource #1836 |
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"Financial sector liberalization, market structure, and economic growth" by Eschenbach, Felix and Joseph Francois Abstract We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop a model highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the financial services sector. This is followed by an econometric exercise based on data for 130 countries for the 1990s. Our results point to a strong positive relationship between financial sector competition /performance and financial sector openness (meaning foreign bank access to domestic markets), and between growth and financial sector competition/performance. They also point to the presence of scale economies in the sector. |
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Public Access  GTAP Resource 1836 (807.1 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
