Financial development and economic growth nexus: another look at the panel evidence from different geographical regions
This paper re-examines the causality issue on financial development and economic growth from a panel data perspectives using the system generalized method of moments (GMM) technique developed by Arellano and Bover (1995), and Blundell and Bond (1998). Focusing on developing countries in four main g...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
LLC “СPС “Business Perspectives”
2011
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Online Access: | http://psasir.upm.edu.my/id/eprint/22855/1/Financial%20development%20and%20economic%20growth%20nexus.pdf |