SEKTOR KEUANGAN DAN PERTUMBUHAN EKONOMI DI INDONESIA: PENDEKATAN KAUSALITAS DALAM MULTIVARIATE VECTOR ERROR CORRECTION MODEL (VECM)
This paper attempts to investigate whether financial development leads to growth in developing country like Indonesia. It is found that there is stable long-run equilibrium relationship between the development of financial sector and the real output. Granger causality test suggests the bi-directiona...
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Format: | Article |
Language: | English |
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Petra Christian University
2006-01-01
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Series: | Jurnal Manajemen dan Wirausaha |
Subjects: | |
Online Access: | http://puslit2.petra.ac.id/ejournal/index.php/man/article/view/16508 |