Trade openness, capital inflows and financial development in developing economies.
This paper examines the impact of trade openness and capital flows on financial development in developing countries using a dynamic panel GMM estimation technique. The empirical results reveal that trade openness and capital flows are statistically significant determinants of financial development....
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Main Author: | Siong, Hook Law |
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Format: | Article |
Published: |
Taylor & Francis
2009
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Online Access: | http://psasir.upm.edu.my/id/eprint/17456/ |
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