TY  - BOOK
AU  - Neder,Angel Enrique
AU  - Cugat,Gabriela
AU  - Escudero,Matías
TI  - Financial sector and economic growth in Latin America and the European Union
U1  - 332.042 21
PY  - 2011///
CY  - Córdoba, Argentina
PB  - [Universidad Nacional de Córdoba. Facultad de Ciencias Económicas]
KW  - CRECIMIENTO ECONOMICO
KW  - SISTEMA FINANCIERO
KW  - ANALISIS EMPIRICO
KW  - MODELOS ECONOMETRICOS
KW  - UNION EUROPEA
KW  - AMERICA LATINA
KW  - PROGRESO ECONOMICO
N1  - Paper presentado al Arnoldshain Seminar X "Development, equity and policy in Latin America in the aftermath of the global economic and financial crisis" June 29th - July 2nd, 2011, Göttingen and Merseburg; Bibliografía: h. 24-25
N2  - It is remarkable the influence of financial sector in an economy, resulting of great interest the empirical analysis of the effects of short and long run. This is done using the so called technique Pooled Mean Group.
The results reveal significant positive effects of financial growth on economic growth, but it should be noted that the estimates are sensitive to the inclusion or not of the cross sections belonging to the sample. Hence, the need of doing a sensitivity analysis, not limiting to the average case, while noting significance and het-erogeneity of the coefficients for each variable and particular country
ER  -