Impact of financial development on economic growth: empirical evidence from Pakistan

dc.contributor.authorJalil, Abdul
dc.contributor.authorFeridun, Mete
dc.date.accessioned2026-02-06T18:47:13Z
dc.date.issued2011
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractThe present article aims at investigating the effects of financial sector development on economic growth in the case of Pakistan from 1975 to 2008. A composite financial depth indicator is built using principal component analysis (PCA) and is used in the Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration. The results suggest the presence of a positive and significant relationship between financial development and economic growth.
dc.identifier.doi10.1080/13547860.2011.539403
dc.identifier.endpage80
dc.identifier.issn1354-7860
dc.identifier.issn1469-9648
dc.identifier.issue1
dc.identifier.orcid0000-0001-7789-5939
dc.identifier.scopus2-s2.0-78651469353
dc.identifier.scopusqualityQ1
dc.identifier.startpage71
dc.identifier.urihttps://doi.org/10.1080/13547860.2011.539403
dc.identifier.urihttps://hdl.handle.net/11129/14279
dc.identifier.volume16
dc.identifier.wosWOS:000290407200005
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofJournal of the Asia Pacific Economy
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.subjectARDL
dc.subjectPCA
dc.titleImpact of financial development on economic growth: empirical evidence from Pakistan
dc.typeArticle

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