Finance-Growth Nexus and Globalization in Brazil, India, Philippines, Thailand, and Turkey: Evidence from VECM Cointegration Analysis

Finance-Growth Nexus and Globalization in Brazil, India, Philippines, Thailand, and Turkey: Evidence from VECM Cointegration Analysis

We investigate the causal relationship between financial development and economic growth―the finance-growth nexus―in Brazil, India, Philippines, Thailand, and Turkey by controlling for the globalization indicators of trade openness, foreign direct investment (FDI), and portfolio investment, together...

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Bibliographic Details
Main Author: Takashi FUKUDA
Format: Article
Language:English
Published: Tripal Publishing House 2020-08-01
Series:Journal of Economics and Financial Analysis
Subjects:
economic growth
financial development
globalization
vecm
cointegration
granger causality.
Online Access:https://ojs.tripaledu.com/jefa/article/view/53

Internet

https://ojs.tripaledu.com/jefa/article/view/53

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