Interaction between stock market development and economic growth: Evidence from developing countries

被引：0

作者：

Gozbasi, Onur ^{[1
]}

机构：

[1] Nuh Naci Yazgan Univ, IIBF, Isletme Bolumu, Kayseri, Turkey

来源：

ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES | 2015年 / 10卷 / 02期

关键词：

financial development; stock markets; developing countries; economic growth; panel data;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this study is to investigate the interaction between stock market development and economic growth in the case of seven developing countries between the 1989-2011 period. To this end we employed panel cointegration and panel causality tests to two different stock market development indicators representing stock markets depth and efficiency. Results indicate no long-run cointegration relationship between the variables in question. On the other hand, we have found causality between the variables.

引用

页码：269 / 284

页数：16

共 50 条

[21] Entrepreneurship and economic growth in developing countries: Evidence from Africa
Peprah, Augustine Awuah
Adekoya, Adenuga Fabian
BUSINESS STRATEGY AND DEVELOPMENT, 2020, 3 (03) : 388 - 394
[22] Private capital flows, stock market and economic growth in developed and developing countries: A comparative analysis
Choong, Chee-Keong
Baharumshah, Ahmad Zubaidi
Yusop, Zulkornain
Habibullah, Muzafar Shah
JAPAN AND THE WORLD ECONOMY, 2010, 22 (02) : 107 - 117
[23] Impact of Information and Communication Technology on Economic Growth: Evidence from Developing Countries
Bahrini, Raef
Qaffas, Alaa A.
ECONOMIES, 2019, 7 (01)
[24] Impact of ICT diffusion and financial development on economic growth in developing countries
Verma, Anushka
Dandgawhal, Prajakta Sandeep
Giri, Arun Kumar
JOURNAL OF ECONOMICS FINANCE AND ADMINISTRATIVE SCIENCE, 2023, 28 (55): : 27 - 43
[25] Causal nexus between economic growth, inflation, and stock market development: The case of OECD countries
Pradhan, Rudra P.
Arvin, Mak B.
Bahmani, Sahar
GLOBAL FINANCE JOURNAL, 2015, 27 : 98 - 111
[26] IS THE RELATIONSHIP BETWEEN REMITTANCES AND ECONOMIC GROWTH INFLUENCED BY THE GOVERNANCE AND DEVELOPMENT OF THE FINANCIAL SECTOR? NEW EVIDENCE FROM THE DEVELOPING COUNTRIES
Khurshid, Adnan
Yin Kedong
Calin, Adrian Cantemir
Zeldea, Cristina Georgiana
Sun Qiang
Duan Wenqi
ROMANIAN JOURNAL OF ECONOMIC FORECASTING, 2020, 23 (01): : 37 - 56
[27] On the linkage between stock market development and economic growth in emerging market economies Dynamic panel evidence
Naik, Pramod Kumar
Padhi, Puja
REVIEW OF ACCOUNTING AND FINANCE, 2015, 14 (04) : 363 - +
[28] Stock market development and economic growth in Belgium
Van Nieuwerburgh, S
Buelens, F
Cuyvers, L
EXPLORATIONS IN ECONOMIC HISTORY, 2006, 43 (01) : 13 - 38
[29] The Relationship between Financial Development and Economic Growth for Developing Countries: Panel Causality Analysis
Eratas-Sonmez, Filiz
Saglam, Yagmur
SOSYOEKONOMI, 2019, 27 (42) : 87 - 106
[30] The impact of financial development on economic growth Evidence from SAARC countries
Sehrawat, Madhu
Giri, A. K.
INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2016, 11 (04) : 569 - 583

← 1 2 3 4 5 →