Financial development and economic growth in emerging Asian countries
Küçük Resim Yok
Tarih
2014
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Canadian Center of Science and Education
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Many countries removed constraints on goods, services and capital gradually after fall of Bretton Woods system and globalization of financial markets accelerated especially as of 1980s. This process contributed to the development of financial sectors in many countries. Therefore many studies have been conducted about the possible effects of financial sector on major macroeconomic variables in recent years. This study investigates the possible effects of financial sector development on economic growth in emerging Asian countries during the period 1992-2011 by panel regression. We found that various indicators representing the development of banking sector and stock market had positive effect on economic growth in emerging Asian countries.
Açıklama
Anahtar Kelimeler
Economic growth, Emerging Asian countries, Financial development, Panel regression
Kaynak
Asian Social Science
WoS Q Değeri
Scopus Q Değeri
N/A
Cilt
10
Sayı
9