Government Ownership of Banks, Institutions and Economic Growth

21 Pages Posted: 22 Jun 2012

See all articles by Svetlana Andrianova

Svetlana Andrianova

University of Leicester - Department of Economics

Panicos Demetriades

University of Leicester - Department of Economics

Anja Shortland

University of Leicester - Department of Economics

Date Written: July 2012

Abstract

We present new cross‐country evidence that reveals that during 1995–2007, government ownership of banks has been robustly associated with higher long‐run growth rates. We also show that previous results suggesting that government ownership of banks is associated with lower long‐run growth rates are not robust to conditioning on more ‘fundamental’ determinants of economic growth.

Suggested Citation

Andrianova, Svetlana and Demetriades, Panicos O. and Shortland, Anja, Government Ownership of Banks, Institutions and Economic Growth (July 2012). Economica, Vol. 79, Issue 315, pp. 449-469, 2012, Available at SSRN: https://ssrn.com/abstract=2089212 or http://dx.doi.org/10.1111/j.1468-0335.2011.00904.x

Svetlana Andrianova

University of Leicester - Department of Economics ( email )

Department of Economics
Leicester LE1 7RH, Leicestershire LE1 7RH
United Kingdom

Panicos O. Demetriades

University of Leicester - Department of Economics ( email )

Department of Economics
Leicester LE1 7RH, Leicestershire LE1 7RH
United Kingdom
+ 44 116 252 2835 (Phone)
+ 44 116 252 2908 (Fax)

HOME PAGE: http://www.le.ac.uk/economics/staff/pd28.html

Anja Shortland

University of Leicester - Department of Economics ( email )

Department of Economics
Leicester LE1 7RH, Leicestershire LE1 7RH
United Kingdom

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