Citation
Habibullah, Muzafar Shah and Smith, Peter and Wan Ngah, Wan Azman Saini
(2006)
Testing liquidity constraints in 10 Asian developing countries: an error-correction model approach.
Applied Economics, 38 (21).
pp. 2535-2543.
ISSN 0003-6846
Abstract
An error-correction model is used to estimate the fraction of consumers who are liquidity-constrained in 10 Asian developing countries. Our estimates of the fraction of consumers who are liquidity-constrained range between 0.25 and 0.98. We further investigate whether financial liberalization has resulted in the reduction of liquidity constraints in these countries. However, the results find support for this only in the cases of South Korea, Sri Lanka and Taiwan.
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Official URL or Download Paper: http://dx.doi.org/10.1080/00036840500427833
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Additional Metadata
| Item Type: | Article |
|---|---|
| Subject: | Liquidity (Economics) |
| Subject: | Finance - Developing countries |
| Subject: | Neoliberalism - Developing countries |
| Divisions: | Faculty of Economics and Management |
| DOI Number: | https://doi.org/10.1080/00036840500427833 |
| Keywords: | error correction; finance; model test; neoliberalism; testing method |
| Depositing User: | Azwana Abdul Rahman |
| Date Deposited: | 04 Aug 2011 07:51 |
| Last Modified: | 17 Sep 2015 03:59 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1080/00036840500427833 |
| URI: | http://psasir.upm.edu.my/id/eprint/18022 |
| Statistic Details: | View Download Statistic |
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