Ozdemir, Durmus2024-07-182024-07-1820141350-48511466-4291https://doi.org/10.1080/13504851.2014.907470https://hdl.handle.net/11411/7459This article investigates the impact of financial liberalization on aggregate productivity growth. Based on a sample of the EU accession countries and using quarterly longitudinal panel data between 1995 and 2007, the static robust and dynamic panel data estimates indicate clear evidence of a link between the long-run growth and a number of indicators of financial liberalization. The empirical results illustrate that financial liberalization is negatively related to economic growth significantly. The results imply that higher levels of post-EU-membership growth are not caused by liberalized financial markets.eninfo:eu-repo/semantics/closedAccessEconomic GrowthFinancial LiberalizationAccession CountriesEconomic DevelopmentPanel-DataInstitutionsArticle2-s2.0-8490476134110.1080/13504851.2014.907470104415Q2103621Q4WOS:000340469200002