IDEAS home Printed from https://ideas.repec.org/a/ris/integr/0692.html
   My bibliography  Save this article

Financial Integration-Growth Nexus : A Quantile Regression Analysis

Author

Listed:
  • Ibrahim, Saifuzzaman

    () (Universiti Putra Malaysia)

  • Abdul Rahman, Mazlina

    () (Universiti Putra Malaysia)

  • Wan Wan Ngah, Azman Saini

    () (Universiti Putra Malaysia)

  • Mahamad Zakaria, Muhammad Farhan

    () (Universiti Putra Malaysia)

Abstract

Our study aims to examine the role of economic development in moderating the relationship between international financial integration and economic growth, and we find that international financial integration has a positive impact on economic growth by and large. However, the growth impact of international financial integration does not exist in countries where economic development is too low or in highly developed countries. This suggests that policy makers, especially in developing countries, should ensure the presences of capabilities in order to gain from the financial market integration. The method involves a quantile regression technique on cross-sectional data of 73 countries.

Suggested Citation

  • Ibrahim, Saifuzzaman & Abdul Rahman, Mazlina & Wan Wan Ngah, Azman Saini & Mahamad Zakaria, Muhammad Farhan, 2016. "Financial Integration-Growth Nexus : A Quantile Regression Analysis," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 31(3), pages 531-546.
  • Handle: RePEc:ris:integr:0692
    as

    Download full text from publisher

    File URL: http://www.e-jei.org/
    File Function: Full text
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ehigiamusoe, Kizito Uyi & Hooi Hooi Lean, 2018. "Do economic and financial integration stimulate economic growth? A critical survey," Economics Discussion Papers 2018-51, Kiel Institute for the World Economy (IfW).

    More about this item

    Keywords

    International Financial Integration; Economic Growth; Economic Development; Quantile Regression Analysis;

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:integr:0692. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jong-Eun Lee). General contact details of provider: http://edirc.repec.org/data/desejkr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.