Investor Protections and Economic Growth
Using objective measures of investor protections in 170 countries, I establish that the level of investor protection matters for cross-country differences in GDP growth: countries with stronger protections tend to grow faster than those with poor investor protections.
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| Main Author: | |
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| Format: | Journal Article biblioteca |
| Language: | EN |
| Published: |
2009
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| Subjects: | Macroeconomics: Production E230, Financial Markets and the Macroeconomy E440, General Financial Markets: Government Policy and Regulation G180, Economic Development: Financial Markets, Saving and Capital Investment, Corporate Finance and Governance O160, Measurement of Economic Growth, Aggregate Productivity, Cross-Country Output Convergence O470, |
| Online Access: | http://hdl.handle.net/10986/5815 |
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| Summary: | Using objective measures of investor protections in 170 countries, I establish that the level of investor protection matters for cross-country differences in GDP growth: countries with stronger protections tend to grow faster than those with poor investor protections. |
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