The relationship between financial development and economic growth during the recent crisis: Evidence from the EU

Finance Research Letters - Tập 28 - Trang 238-245 - 2019
Dimitrios Asteriou1, Konstantinos Spanos1
1Department of Accounting Finance and Economics, Oxford Brookes University, United Kingdom

Tóm tắt

Từ khóa


Tài liệu tham khảo

Andreasen, 2016, Financial openness, domestic financial development and credit ratings, Finance Res. Lett., 16, 11, 10.1016/j.frl.2015.10.019

Arestis, 2001, Financial development and economic growth: the role of stock markets, J. Money Credit Banking, 33, 16, 10.2307/2673870

Asongu, S., Nwachukwu, J. C., 2018. Openness, ICT and entrepreneurship in Sub-Saharan Africa. Information Technology & People (just-accepted), 00–00.

Asongu, 2017, Environmental degradation, ICT and inclusive development in Sub-Saharan Africa, Energy Policy, 111, 353, 10.1016/j.enpol.2017.09.049

Azman-Saini, 2010, FDI And economic growth: new evidence on the role of financial markets, Econ. Lett., 107, 211, 10.1016/j.econlet.2010.01.027

Brambor, 2005, Understanding interaction models: improving empirical analyses, Political Anal., 14, 63, 10.1093/pan/mpi014

Bumann, 2013, Financial liberalization and economic growth: ameta-analysis, J. Int. Money Finance, 33, 255, 10.1016/j.jimonfin.2012.11.013

Caporale, 2015, Financial development and economic growth: evidence from 10 new european union members, Int. J. Finance Econ., 20, 48, 10.1002/ijfe.1498

Demetriades, 1996, Does financial development cause economic growth? Time-series evidence from 16 countries, J. Dev. Econ., 51, 387, 10.1016/S0304-3878(96)00421-X

Driscoll, 1998, Consistent covariance matrix estimation with spatially dependent panel data, Rev. Econ. Stat., 80, 549, 10.1162/003465398557825

King, 1993, Financial development and economic growth

Levine, 1997, Financial development and economic growth: views and agenda, J. Econ. Lit., 35, 688

Levine, 1999, Stock market development and long-run growth, World Bank Econ. Rev., 10, 323, 10.1093/wber/10.2.323

Levine, 1996, Stock market development and long-run growth, World Bank Econ. Rev., 10, 323, 10.1093/wber/10.2.323

Samargandi, 2015, Is the relationship between financial development and economic growth monotonic? Evidence from a sample of middle-Income countries, World Dev., 68, 66, 10.1016/j.worlddev.2014.11.010

Shahbaz, 2012, Does trade openness affect long run growth? Cointegration, causality and forecast error variance decomposition tests for pakistan, Econ. Model., 29, 2325, 10.1016/j.econmod.2012.07.015

Shahbaz, M., Kandil, M., Kumar, M., Nguyen, D. K., 2017. The drivers of economic growth in China and India: globalization or financial development?.

Shahbaz, 2015, Re-visiting financial development and economic growth nexus: the role of capitalization in Bangladesh, S. Afr. J. Econ., 83, 452, 10.1111/saje.12063

Tchamyou, 2017, Information sharing and financial sector development in Africa, J. Afr. Bus., 18, 24, 10.1080/15228916.2016.1216233