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...

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Bibliographic Details
Main Author: Fuat Lebe
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