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Roles played by financial development in economic growth: application of the flexible regression model

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  • Chung-Hua Shen
  • Chien-Chiang Lee

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  • Shyh-Wei Chen
  • Zixiong Xie

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  • Chung-Hua Shen & Chien-Chiang Lee & Shyh-Wei Chen & Zixiong Xie, 2011. "Roles played by financial development in economic growth: application of the flexible regression model," Empirical Economics, Springer, vol. 41(1), pages 103-125, August.
  • Handle: RePEc:spr:empeco:v:41:y:2011:i:1:p:103-125
    DOI: 10.1007/s00181-010-0353-z
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Petra Valickova & Tomas Havranek & Roman Horvath, 2015. "Financial Development And Economic Growth: A Meta-Analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 29(3), pages 506-526, July.
    2. Laurent Cavenaile & Christian Gengenbach & Franz Palm, 2014. "Stock Markets, Banks and Long Run Economic Growth: A Panel Cointegration-Based Analysis," De Economist, Springer, vol. 162(1), pages 19-40, March.
    3. repec:cai:refaef:ecofi_127_0037 is not listed on IDEAS
    4. Jiranyakul, Komain, 2014. "Temporal causal relationship between stock market capitalization, trade openness and real GDP: evidence from Thailand," MPRA Paper 59652, University Library of Munich, Germany.
    5. Jiranyakul, Komain, 2014. "Temporal causal relationship between stock market capitalization, trade openness and real GDP: evidence from Thailand," MPRA Paper 60623, University Library of Munich, Germany.
    6. Polat, Ali & Shahbaz, Muhammad & Ur Rehman, Ijaz & Satti, Saqlain Latif, 2013. "Revisiting Linkages between Financial Development, Trade Openness and Economic Growth in South Africa: Fresh Evidence from Combined Cointegration Test," MPRA Paper 51724, University Library of Munich, Germany, revised 25 Nov 2013.

    More about this item

    Keywords

    Banking development; Economic growth; Stock market development; Flexible nonlinear estimation; E44; G10; O16; O50;

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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