Financial Development and Economic Growth in European Countries: Bootstrap Causality Analysis
In the present study, it was investigated whether there was a causality relationship between financial development and economic growth for sixteen European countries. Data from the period of 1988-2012 was analyzed using the bootstrap panel causality test, which takes cross-section dependence and het...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Centre for Strategic Research & Analysis
2016-01-01
|
Series: | Journal of Global Analysis |
Subjects: | |
Online Access: | http://cesran.org/dergi.php?id=197 |