Financial Inclusion and Per Capita Real GSP Growth across Fifty US States and the District of Columbia: Evidences from Panel Cointegration and GMM Estimates

This paper explores the effects of bank-based financial inclusion on per capita real GSP (Gross State Product) growth across all fifty U.S. states and the District of Columbia (DC) using panel data over 1997-2013. Estimates of Pedronis panel vector error-correction model and GMM dynamic panel estima...

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Bibliographic Details
Main Authors: Muhammad Mustafa, Matiur Rahman
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2015-06-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150715105202-UI20C.pdf