IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v17y2010i8p741-745.html
   My bibliography  Save this article

Financial development and economic growth: a panel approach

Author

Listed:
  • P. J. Dawson

Abstract

This article examines the finance-growth nexus for a panel of less developed countries using panel cointegration methods. The financial development elasticity of gross domestic product is 0.46, and this varies little between broad income groups.

Suggested Citation

  • P. J. Dawson, 2010. "Financial development and economic growth: a panel approach," Applied Economics Letters, Taylor & Francis Journals, vol. 17(8), pages 741-745.
    • Handle: RePEc:taf:apeclt:v:17:y:2010:i:8:p:741-745
    DOI: 10.1080/13504850802314411
    as

    Download full text from publisher

    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850802314411&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504850802314411?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Amar Anwar & Ichiro Iwasaki, 2023. "The finance–growth nexus in the Middle East and Africa: A comparative meta‐analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4655-4683, October.
    2. Samargandi, Nahla & Fidrmuc, Jan & Ghosh, Sugata, 2015. "Is the Relationship Between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle-Income Countries," World Development, Elsevier, vol. 68(C), pages 66-81.
    3. Paola Bongini & Małgorzata Iwanicz-Drozdowska & Paweł Smaga & Bartosz Witkowski, 2017. "Financial Development and Economic Growth: The Role of Foreign-Owned Banks in CESEE Countries," Sustainability, MDPI, vol. 9(3), pages 1-25, March.
    4. Wahidin, Deni & Akimov, Alexandr & Roca, Eduardo, 2021. "The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries," International Review of Financial Analysis, Elsevier, vol. 77(C).
    5. Iwasaki, Ichiro, 2022. "The finance-growth nexus in Latin America and the Caribbean: A meta-analytic perspective," World Development, Elsevier, vol. 149(C).
    6. Ichiro Iwasaki & Shigeki Ono, 2024. "Economic development and the finance–growth nexus: a meta-analytic approach," Applied Economics, Taylor & Francis Journals, vol. 56(57), pages 8021-8038, December.
    7. Muhammad Halilintar, 2018. "Cooperatives and Economic Growth in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 611-622.
    8. Vighneswara Swamy & Dharani M, 2020. "The tipping point of financial development? – evidence from OECD countries," International Economics and Economic Policy, Springer, vol. 17(1), pages 125-165, February.
    9. Chatterjee, Tonmoy & Dinda, Soumyananda, 2022. "What Determines the Health Status in Developing Countries? Evidence From a Dynamic Panel," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 47(4), pages 1-37, December.
    10. Vighneswara Swamy & Munusamy Dharani, 2021. "Thresholds in finance–growth nexus: Evidence from G‐7 economies," Australian Economic Papers, Wiley Blackwell, vol. 60(1), pages 1-40, March.
    11. Tonmoy Chatterjee & Nilendu Chatterjee, 2021. "National Defence Under Alternative Trade Policy Regimes: Theory and Evidence from Developing Countries," Foreign Trade Review, , vol. 56(1), pages 31-59, February.
    12. Anwar, Amar & Iwasaki, Ichiro, 2022. "The Finance–Growth Nexus inAsia : A Meta-Analytic Approach," CEI Working Paper Series 2022-03, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    13. Chatterjee, Tonmoy & Dinda, Soumyananda & Chatterjee, Nilendu & Teame, Ghirmai Tesfamariam, 2024. "Trade Liberalization’s Influence on Health Status in Developing Economies: Theoretical Insights and Real-World Implications," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 49(3), pages 1-31, September.
    14. Simplice A, Asongu, 2011. "Finance and growth: Schumpeter might be wrong in our era. New evidence from Meta-analysis," MPRA Paper 32559, University Library of Munich, Germany, revised 07 Feb 2013.
    15. Vighneswara Swamy & Munusamy Dharani, 2020. "Thresholds of financial development in the Euro area," The World Economy, Wiley Blackwell, vol. 43(6), pages 1730-1774, June.
    16. Swamy, Vighneswara & Dharani, Munusamy, 2019. "The dynamics of finance-growth nexus in advanced economies," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 122-146.
    17. Ferdinand Niyimbanira, 2017. "Analysis of the Impact of Economic Growth on Income Inequality and Poverty in South Africa: The Case of Mpumalanga Province," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 254-261.
    18. Samargandi, Nahla & Kutan, Ali M., 2016. "Private credit spillovers and economic growth: Evidence from BRICS countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 44(C), pages 56-84.

    More about this item

    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:taf:apeclt:v:17:y:2010:i:8:p:741-745. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.