Does financial development cause economic growth? A panel data dynamic analysis for the Asian developing countries
This paper examines the causal relationship between financial development and economic growth of the Asian developing countries from a panel data perspective and uses the system GMM technique developed by Arellano & Bover (1995) and Blundell & Bond (1998) and conducts causality testing analy...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
Routledge
2006
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| Online Access: | http://psasir.upm.edu.my/id/eprint/18127/1/Does%20financial%20development%20cause%20economic%20growth.pdf http://psasir.upm.edu.my/id/eprint/18127/ http://dx.doi.org/10.1080/13547860600923585 |
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