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Kiel Institute for World Economics Kiel Working Papers, Kiel Institute for World Economics

No 1299:
Poolability and the finance-growth nexus: a cautionary note

Stefano Schiavo and Andrea Vaona

Abstract: The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.

Keywords: poolability, finance, growth; (follow links to similar papers)

JEL-Codes: C23,; O16; (follow links to similar papers)

6 pages, October 2006

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