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Impacto del desarrollo del sistema financiero en el crecimiento económico en países emergentes durante el periodo 2001-2011

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Listed:
  • Raúl Alberto Cortés Villafradez
  • Yezid Hernández Luna

Abstract

El desarrollo del sistema financiero es de gran importancia para el crecimiento económico, pues facilita la transferencia de recursos financieros y contribuye, mediante los servicios específicos que lleva a cabo directamente o indirectamente en funciones como: movilización de ahorros, creación de liquidez y diversificación de riesgo. Este documento intenta analizar, por medio de un modelo econométrico elaborado con datos panel para 26 países, la relación de causalidad entre el desarrollo del sistema financiero y el mercado de capitales con el crecimiento económico, basándose en las aproximaciones y hallazgos vinculados a estudios ofrecidos por Levine y Ross.

Suggested Citation

  • Raúl Alberto Cortés Villafradez & Yezid Hernández Luna, 2014. "Impacto del desarrollo del sistema financiero en el crecimiento económico en países emergentes durante el periodo 2001-2011," Revista Equidad y Desarrollo, Universidad de la Salle, September.
    • Handle: RePEc:col:000452:013172
    DOI: 10.19052/ed.3252
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    References listed on IDEAS

    as
    1. Christopher F Baum, 2006. "An Introduction to Modern Econometrics using Stata," Stata Press books, StataCorp LP, number imeus, March.
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    5. Ross Levine, 2012. "The Governance of Financial Regulation: Reform Lessons from the Recent Crisis," International Review of Finance, International Review of Finance Ltd., vol. 12(1), pages 39-56, March.
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    More about this item

    Keywords

    Mercado financiero; crecimiento económico; crédito interno; formación bruta de capital fijo; economías emergentes; ahorro; inversión de capital;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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