Journal Article

Poolability and the Finance - Growth Nexus: A Cautionary Note


  • Schiavo
  • S.
  • Vaona
  • A.
Publication Date

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


JEL Classification
C23, O16

Key Words

  • finance
  • Growth
  • poolability
  • Wachstum