• As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

Finance and Growth: Theory and Evidence

The paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. Evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship.