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

Künye