Nonlinear relationship between financial development and economic growth : evidence from post global financial crisis panel data

• Main Authors: Elya Nabila Abdul Bahri,, Abu Hassan Shaari Md Nor,, Tamat Sarmidi,, Nor Hakimah Haji Mohd Nor,
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2018
• Online Access: http://journalarticle.ukm.my/19621/1/jeko_521-2.pdf; http://journalarticle.ukm.my/19621/; https://www.ukm.my/jem/issue/v52i1/

Existing studies find that the nonlinear relationship between financial development and economic growth is inverted U-shaped or there exist Kuznets curve, where financial development harm growth after surpassed the threshold point. The objective of this study is to re-estimate the existing relatio...