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Impact of financial integration on economic development: a dynamic panel quantile regression analysis


Citation

Abdullahi, Abubakar and Ibrahim, Saifuzzaman and Hook, Law Siong and Wan Ngah, Wan Azman Saini (2023) Impact of financial integration on economic development: a dynamic panel quantile regression analysis. Journal of Economic Integration, 38 (4). pp. 628-645. ISSN 1225-651X; eISSN: 1976-5525

Abstract

This paper investigated the impact of financial integration on economic development using the dynamic panel quantile estimator on a sample of 95 countries from 2004-2019. The results showed that the impact of financial integration on economic development varied across income levels. This study found that financial integration impacted economic development negatively in middle and high-income countries. However, financial integration did not significantly affect economic development in low-income countries.


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Additional Metadata

Item Type: Article
Divisions: School of Business and Economics
DOI Number: https://doi.org/10.11130/jei.2023.38.4.628
Publisher: Center for Economic Integration
Keywords: Dynamic Panel Quantile Regression; Economic Development; Financial Integration; Income Quantiles
Depositing User: Ms. Zaimah Saiful Yazan
Date Deposited: 04 Mar 2025 04:18
Last Modified: 06 Mar 2025 04:26
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.11130/jei.2023.38.4.628
URI: http://psasir.upm.edu.my/id/eprint/108292
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