Please use this identifier to cite or link to this item: https://ah.lib.nccu.edu.tw/handle/140.119/120960
DC FieldValueLanguage
dc.contributor經濟系
dc.creator洪福聲
dc.creatorHung, Fu-Sheng
dc.creatorCothren, Richard
dc.date2002-04
dc.date.accessioned2018-11-21T08:11:30Z-
dc.date.available2018-11-21T08:11:30Z-
dc.date.issued2018-11-21T08:11:30Z-
dc.identifier.urihttp://nccur.lib.nccu.edu.tw/handle/140.119/120960-
dc.description.abstractWe develop an endogenous growth model in which both investment and consumption are financed through credit markets. Our innovation is to consider both credit markets jointly, showing how credit conditions in each are related, and why this interdependency is an important determinant of the economy’s growth rate. Results demonstrate that the relationship between credit market development and economic growth is ambiguous. The model is empirically relevant, as it can explain why the effect of credit market development on economic growth appears to differ between high-, middle-, and low-income countries.en_US
dc.format.extent146977 bytes-
dc.format.mimetypeapplication/pdf-
dc.relationJournal of Economics and Business, 54, pp.219-237
dc.subjectCredit markets; GrowthAsymmetric; informationen_US
dc.titleCredit Market Development and Economic Growthen_US
dc.typearticle
dc.identifier.doi10.1016/S0148-6195(01)00063-7
dc.doi.urihttps://doi.org/10.1016/S0148-6195(01)00063-7
item.fulltextWith Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.grantfulltextrestricted-
item.cerifentitytypePublications-
item.openairetypearticle-
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