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Patricia Stefani
''Financial Development and Economic Growth in Brazil: 1986-2006''
( 2007, Vol. 3 No.69 )
This paper tries to investigate the relationship between financial development and economic growth in Brazil between 1986 and 2006, using a cointegrated VAR model. It finds that there exists a positive and significant relationship between these phenomena, with the measures of financial development being the driving forces.
Manuscript Received : Nov 12 2007 Manuscript Accepted : Dec 19 2007

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