4、低、中經濟成長率的國家，其對於公司型態愈偏向中小型廠商時，會計制度準則透明度愈高，可能愈不利於經濟成長。高經濟成長率的國家，會計制度準則與經濟成長之間呈現不顯著的關係。 This paper explores the relationship among economic growth, financial development, and financial structure, using quantile approach. Applying cross-sectional data on 77 countries over 1990-2003 periods, I find that：
1. For countries with low and medium economics growth rates, the improvement of financial market facilitates economic growth. Both financial development and financial structure have no significant effect on economic growth in the countries with high economic growth.
2. For countries with low economic growth rates, the greater the external dependence, the stronger the positive effect of financial market development on long-term economic growth. Both financial development and financial structure show ambiguous effects on economic growth in the countries with medium economic growth rate. While financial development and financial structure are not significantly related to economic growth for the countries with high economic growth rates.
3. For the countries with low and medium economics growth rates, the more the country toward medium and small firm size, the stronger the positive effect of financial market development on long-term economic growth. Both financial development and financial structure are not significantly related to economic growth in countries with high economic growth rates.
4. For the countries with low and medium economics growth rates, the more the country toward medium and small firm size, the higher accounting standards may harm economic growth. For the countries with high economics growth rates, account standards are not significantly related to economic growth.
