Does the stock market cause economic growth? Portuguese evidence of economic regime change

The relationship between stock market and economic growth is tested for Portugal (1993–2011), which is a small open economy dependent on bank financing. The relationship between economic growth and bank financing is also appraised. Using Vector Autoregressive (VAR) modeling, Granger causality, varia...

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Bibliographic Details
Main Author: Marques, Luís Miguel (author)
Other Authors: Fuinhas, José Alberto (author), Marques, António Cardoso (author)
Format: article
Language:eng
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10400.6/6764
Country:Portugal
Oai:oai:ubibliorum.ubi.pt:10400.6/6764