Economic growth and financial development in Brazil: a flexible regression model approach

This paper examines the relationship between economic growth and financial development in Brazil. To this end, a data panel is constructed of all the Brazilian states for the period 1995–2014, with appropriate control variables and proxies for economic growth and financial development. The relations...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Pessoa, Filipe de Morais Cangussu, Braga, Marcelo José
Formato: Texto
Lenguaje:English
Publicado: 2019
Materias:
Acceso en línea:http://hdl.handle.net/11362/44981
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai-11362-44981
record_format dspace
spelling oai-11362-449812020-12-14T16:18:55Z Economic growth and financial development in Brazil: a flexible regression model approach Pessoa, Filipe de Morais Cangussu Braga, Marcelo José CRECIMIENTO ECONOMICO ASPECTOS FINANCIEROS OPERACIONES BANCARIAS DE INVERSION INDICADORES ECONOMICOS MODELOS ECONOMETRICOS ECONOMIC GROWTH FINANCIAL ASPECTS INVESTMENT BANKING ECONOMIC INDICATORS ECONOMETRIC MODELS This paper examines the relationship between economic growth and financial development in Brazil. To this end, a data panel is constructed of all the Brazilian states for the period 1995–2014, with appropriate control variables and proxies for economic growth and financial development. The relationship is analysed for five different indicators of financial development, with a view to capturing its different aspects. Flexible regression modelling determines the direction of this relationship, characterizing it as linear or non-linear for each financial development indicator. It is concluded that the relationship between financial development and economic growth is positive and non-linear. 2019-12-04T14:42:41Z 2019-12-04T14:42:41Z 2019-08-26 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/44981 LC/PUB.2019/11-P 5 en CEPAL Review CEPAL Review 128 .pdf application/pdf 1995 BRASIL BRAZIL 2014
institution Cepal
collection Cepal
language English
topic CRECIMIENTO ECONOMICO
ASPECTOS FINANCIEROS
OPERACIONES BANCARIAS DE INVERSION
INDICADORES ECONOMICOS
MODELOS ECONOMETRICOS
ECONOMIC GROWTH
FINANCIAL ASPECTS
INVESTMENT BANKING
ECONOMIC INDICATORS
ECONOMETRIC MODELS
spellingShingle CRECIMIENTO ECONOMICO
ASPECTOS FINANCIEROS
OPERACIONES BANCARIAS DE INVERSION
INDICADORES ECONOMICOS
MODELOS ECONOMETRICOS
ECONOMIC GROWTH
FINANCIAL ASPECTS
INVESTMENT BANKING
ECONOMIC INDICATORS
ECONOMETRIC MODELS
Pessoa, Filipe de Morais Cangussu
Braga, Marcelo José
Economic growth and financial development in Brazil: a flexible regression model approach
description This paper examines the relationship between economic growth and financial development in Brazil. To this end, a data panel is constructed of all the Brazilian states for the period 1995–2014, with appropriate control variables and proxies for economic growth and financial development. The relationship is analysed for five different indicators of financial development, with a view to capturing its different aspects. Flexible regression modelling determines the direction of this relationship, characterizing it as linear or non-linear for each financial development indicator. It is concluded that the relationship between financial development and economic growth is positive and non-linear.
format Texto
author Pessoa, Filipe de Morais Cangussu
Braga, Marcelo José
author_facet Pessoa, Filipe de Morais Cangussu
Braga, Marcelo José
author_sort Pessoa, Filipe de Morais Cangussu
title Economic growth and financial development in Brazil: a flexible regression model approach
title_short Economic growth and financial development in Brazil: a flexible regression model approach
title_full Economic growth and financial development in Brazil: a flexible regression model approach
title_fullStr Economic growth and financial development in Brazil: a flexible regression model approach
title_full_unstemmed Economic growth and financial development in Brazil: a flexible regression model approach
title_sort economic growth and financial development in brazil: a flexible regression model approach
publishDate 2019
url http://hdl.handle.net/11362/44981
work_keys_str_mv AT pessoafilipedemoraiscangussu economicgrowthandfinancialdevelopmentinbrazilaflexibleregressionmodelapproach
AT bragamarcelojose economicgrowthandfinancialdevelopmentinbrazilaflexibleregressionmodelapproach
_version_ 1718433768364048384