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Does Financial Liberalization Spur Growth?

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NBER2001-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8245
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We show that equity market liberalizations, on average, lead to a one percent increase in annual real economic growth over a five-year period. The liberalization effect is not spuriously accounted for by macro-economic reforms and does not reflect a business cycle effect. Although financial
创建时间:
2001-04-01
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