Finance-growth nexus in China revisited: New evidence from principal components and ARDL bounds tests
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Date
Authors
Journal Title
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Volume Title
Publisher
Elsevier Science Bv
Access Rights
info:eu-repo/semantics/closedAccess
Abstract
This article re-examines the finance-growth nexus in China using principal components analysis and ARDL bounds testing approach to cointegration. The results suggest that principal components have an effective role in examining the links between growth and financial development and, that financial development fosters economic growth. (C) 2009 Elsevier Inc. All rights reserved.
Description
Keywords
Financial development, Economic growth, ARDL, PCA
Journal or Series
International Review of Economics & Finance
WoS Q Value
Scopus Q Value
Volume
19
Issue
2
