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Infrastructures financières et croissance économique*

Published online by Cambridge University Press:  17 August 2016

Bruno Amable  and
Jean-Bernard Chatelain
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Résumé

Les infrastructures financières réduisent les coûts d’intermédiation des banques. Elles font diminuer l’imperfection de la concurrence bancaire issue de la différenciation horizontale et le coût du capital et font augmenter le nombre des déposants et l’épargne collectée. Un niveau d’infrastructures financières est optimal en terme de croissance ou de bien être économique. Il permet à certaines économies de sortir d’un piège à pauvreté.

Summary

Summary

Financial infrastructures decrease the intermediation cost of banks. They lower banks market power (due to horizontal differentiation), lower the cost of capital, increase the number of depositors and the amount of intermediated savings. An optimal taxation for financial infrastructures increase the growth rate and welfare and may help countries to take off from a poverty trap.

Keywords

016016.
Type
Research Article
Information
Recherches Économiques de Louvain/ Louvain Economic Review , Volume 65 , Issue 4 , 1999 , pp. 381 - 392
Copyright
Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 1999 

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Footnotes

*

Nous remercions, sans les impliquer, Ron Anderson, Jean-Paul Azam, Bernard Bensaïd, Olivier de Bandt, David de la Croix, Guy Gilbert, Michel Guillard, Toni Haniotis, Chantal Kegels et Philippe Thalmann pour leurs commentaires. Les opinions émises dans cet article ne sont pas nécessairement celle de la Banque de France.

†

Université de Lille II et CEPREMAP, 142 rue du Chevaleret 75013 Paris FRANCE. e-mail : bruno.amable@cepremap.cnrs.fr

‡

BANQUE DE FRANCE, 41-1391 Centre de Recherche F-75049 PARIS CEDEX 01 FRANCE. e-mail : frbdf4pq@ibmmail.com

References

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