University Of Zambia Online Public Access Catalogue
Stock markets, banks, and economic growth.
By: Levine, Ross; Zervos, Sara.
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BookPublisher: Washington : World Bank, 1996Subject(s): Banks | Economic growth -- Stocks. -- Economic growth -- StocksSummary: This paper emperically investigates whether measures of stock market liquidity, size, volatility, and integration with world capital markets are robustly correlated with current and future rates of economic growth, capital accumulation, productivity improvements, and saving rates using data on 49 countries from 1976 through 1993.
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This paper emperically investigates whether measures of stock market liquidity, size, volatility, and integration with world capital markets are robustly correlated with current and future rates of economic growth, capital accumulation, productivity improvements, and saving rates using data on 49 countries from 1976 through 1993.
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