Financial development and openness : evidence from panel data.
This paper addresses the empirical question of whether trade and financial openness can help explain the recent pace in financial development, as well as its variation across countries in recent years. Utilising annual data from developing and industrialised countries and dynamic panel estimation...
Main Authors: | Baltagi, Badi H., Demetriades, Panicos O., Law, Siong Hook |
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Format: | Article |
Language: | English English |
Published: |
Elsevier
2009
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Subjects: | |
Online Access: | http://psasir.upm.edu.my/id/eprint/17706/1/Financial%20development%20and%20openness.pdf |
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