Finance-growth nexus revisited for some Asian countries

dc.contributor.authorMukhopadhyay, Bidisha
dc.contributor.authorPradhan, Rudra P.
dc.contributor.authorFeridun, Mete
dc.date.accessioned2026-02-06T18:47:11Z
dc.date.issued2011
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractThis article investigates the causal relationship between financial development and economic growth for Thailand, Indonesia, Malaysia, the Philippines, China, India and Singapore for the period between 1979 and 2009, using Johansen cointegration tests and vector error correction models. The results suggest that in the case of Indonesia, Singapore, the Philippines, China and India financial development leads to economic growth, whereas in the case of Thailand there exists a bidirectional causality between these variables. The results further suggest that in the case of Malaysia financial development does not seem to cause economic growth.
dc.identifier.doi10.1080/13504851.2010.548771
dc.identifier.endpage1530
dc.identifier.issn1350-4851
dc.identifier.issue16
dc.identifier.orcid0000-0002-3138-9245
dc.identifier.scopus2-s2.0-79961049649
dc.identifier.scopusqualityQ2
dc.identifier.startpage1527
dc.identifier.urihttps://doi.org/10.1080/13504851.2010.548771
dc.identifier.urihttps://hdl.handle.net/11129/14246
dc.identifier.volume18
dc.identifier.wosWOS:000297914700004
dc.identifier.wosqualityQ3
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofApplied Economics Letters
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260204
dc.subjectfinancial development
dc.subjecteconomic growth
dc.subjectmultivariate VAR
dc.titleFinance-growth nexus revisited for some Asian countries
dc.typeArticle

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