Government Ownership of Banks, Institutions and Economic Growth

• DOI: 10.1111/j.1468-0335.2011.00904.x
• Publication Date: 2011-09-27T19:51:00Z
• Authors: Svetlana Andrianova; Panicos Demetriades; Anja Shortland
• Keywords: jel:G28; 330; jel:G18; 8. Economic growth; 0502 economics and business; 05 social sciences; 1. No poverty; Public banks; economic growth; quality of governance; regulation; jel:O16; jel:K42

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