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The impact of social capital on international financial integration


Shad, Maryam and Ibrahim, Saifuzzaman and Wan Ngah, Wan Azman Saini and Baharumshah, Ahmad Zubaidi and Burhan @ Jaohari, Nik Ahmad Sufian (2018) The impact of social capital on international financial integration. International Journal of Economics and Management, 12 (spec. 2). pp. 583-597. ISSN 1823-836X; ESSN: 2600-9390


This study investigates the impact of social capital on international financial integration (IFI) using a newly constructed social capital series. Although previous studies have identified the social capital as one of the perquisites of IFI, the relationship between social capital and IFI is inconclusive. This study employs the generalized method of moment (GMM) panel technique on a sample of 60 countries for the period of 1990 to 2014. The results suggest that social capital can positively affect IFI, where improvement of social capital can promote international cooperation in financial market.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Faculty of Human Ecology
Publisher: Faculty of Economics and Management, Universiti Putra Malaysia
Keywords: Social capital; International financial integration; Generalized method of moment; Panel data
Depositing User: Nabilah Mustapa
Date Deposited: 12 Nov 2019 07:17
Last Modified: 12 Nov 2019 07:17
URI: http://psasir.upm.edu.my/id/eprint/22553
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