Citation
Wan Ngah, Wan Azman Saini and Habibullah, Muzafar Shah and Mohamed, Azali
(2000)
The relevance of financial development for economic growth: a bounds test approach.
Pertanika Journal of Social Sciences & Humanities, 8 (1).
pp. 51-57.
ISSN 0128-7702; ESSN: 2231-8534
Abstract
The purpose of the study is to determine whether financial development is relevant for economic growth in Malaysia for the period 1955 to 1997. Using a bounds test proposed by Pesaran et al. (1996), our results suggest that using both linear and log-linear specifications, the data do not support the existence of long-run relationships between financial development and economic growth during the period under study.
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Official URL or Download Paper: http://www.pertanika.upm.edu.my/view_archives.php?...
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | Faculty of Economics and Management |
| Publisher: | Universiti Putra Malaysia Press |
| Keywords: | Financial development; Economic growth; Malaysia |
| Depositing User: | Nur Izyan Mohd Zaki |
| Date Deposited: | 25 Nov 2009 04:27 |
| Last Modified: | 22 Oct 2015 02:58 |
| URI: | http://psasir.upm.edu.my/id/eprint/3312 |
| Statistic Details: | View Download Statistic |
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