Bibliographic citations
Rodriguez, N., (2024). El impacto del mercado de valores en el crecimiento económico de economías emergentes entre 2006 y 2019 [Pontificia Universidad Católica del Perú]. http://hdl.handle.net/20.500.12404/28176
Rodriguez, N., El impacto del mercado de valores en el crecimiento económico de economías emergentes entre 2006 y 2019 []. PE: Pontificia Universidad Católica del Perú; 2024. http://hdl.handle.net/20.500.12404/28176
@misc{renati/16910,
title = "El impacto del mercado de valores en el crecimiento económico de economías emergentes entre 2006 y 2019",
author = "Rodriguez Lescano, Nery Rosaura",
publisher = "Pontificia Universidad Católica del Perú",
year = "2024"
}
This report aims to analyze the effect of the stock market on the economic growth of 22 emerging economies between 2006 and 2019 using the Mankiw-Romer and Weil model augmented with a stock market proxy obtained from Cooray (2010). Also, among the main stylized facts, it is highlighted that there is no evidence of a linear relationship between the stock market variable and GDP per capita. Then, it cannot be affirmed that the stock market (measured as the average of the indicators of capitalization, liquidity and stock market turnover ratio) has a positive effect on economic growth in 22 countries in the selected period.
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