Can I read Do Political Institutions and Culture Jointly Matter for Financial Development? A Cross-Country Panel Investigation on EtoBox?
Do Political Institutions and Culture Jointly Matter for Financial Development? A Cross-Country Panel Investigation by Deepraj Mukherjee; Nabamita Dutta is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Do Political Institutions and Culture Jointly Matter for Financial Development? A Cross-Country Panel Investigation about?
This article investigates the role of political institutions and culture in creating an efficient financial infrastructure for a country. It further delves into this relationship and addresses the question: do both types of institutions mentioned above affect financial development of a country, jointly? Our findings support the established notion in the literature that institutions matter for financial development. We show both these types of institutionspolitical institutions and culturejointly promote financial development. Further, our result stresses that these two types of institutions behave as complementsthe presence of efficient political institutions augment the effectiveness of culture and, thus, financial development is enhanced. Our results are robust to various proxies of institutions and alternate estimation models.
Who reads Do Political Institutions and Culture Jointly Matter for Financial Development? A Cross-Country Panel Investigation?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- Deepraj Mukherjee; Nabamita Dutta
- Publisher
- World Scientific Pub Co Pte Ltd
- Published
- 2013
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)