Does economic diversification lead to financial development? : evidence from topography /

An influential theoretical literature has observed that economic diversification can reduce risk and increase financial development. But causality operates in both directions, as a well functioning financial system can enable a society to invest in more productive but risky projects, thereby determi...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Ramcharan, Rodney (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, Research Dept., 2006.
Series:IMF working paper ; WP/06/35.
Subjects:
Economic development > Econometric models.
Finance > Econometric models.
Développement économique > Modèles économétriques.
Finances > Modèles économétriques.
Economic development > Econometric models
Finance > Econometric models
Online Access:Texto completo
Table of Contents:
  • Contents
  • I. INTRODUCTION
  • II. EMPIRICAL FRAMEWORK AND DATA OVERVIEW
  • III. MAIN RESULTS
  • IV. SENSITIVITY ANALYSES
  • V. DISCUSSION
  • References

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