Financial development and economic growth: a study using generalized method of moments

This study aims to examine the impact of financial development on economic growth in 53 countries. In order to account the effect of both banking sector and stock market, the estimation includes the level of development measures of these two sectors in one model. Adopting generalized method of momen...

Full description

Bibliographic Details
Main Authors: Abdullah, Abu Bakar, Ibrahim, Saifuzzaman, Wan Ngah, Wan Azman Saini
Format: Conference or Workshop Item
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/51235/1/12-7.pdf