An empirical analysis of the relationship between bank credit and economic growth

This paper tests the hypothesis that bank credit is necessary for economic growth, depending on the country's level of economic and financial development. It also seeks to verify whether the relationship between financial development and economic growth is monotonic. For this, Granger's ca...

Full description

Bibliographic Details
Main Authors: Marcos Roberto Vasconcelos, Vitor Gomes Reginato, Marina Silva da Cunha
Format: Article
Language:Portuguese
Published: Universidade Federal de Santa Catarina 2021-06-01
Series:Textos de Economia
Subjects:
Online Access:https://periodicos.ufsc.br/index.php/economia/article/view/72868