메뉴 건너뛰기




Volumn 16, Issue 1, 2011, Pages 71-80

Impact of financial development on economic growth: Empirical evidence from Pakistan

Author keywords

ARDL; Economic growth; Financial development; PCA

Indexed keywords

COINTEGRATION ANALYSIS; ECONOMIC GROWTH; EMPIRICAL ANALYSIS; FINANCIAL SYSTEM; PRINCIPAL COMPONENT ANALYSIS;

EID: 78651469353     PISSN: 13547860     EISSN: 14699648     Source Type: Journal    
DOI: 10.1080/13547860.2011.539403     Document Type: Article
Times cited : (52)

References (46)
  • 1
    • 53549104393 scopus 로고    scopus 로고
    • Are financial sector policies effective in deepening the Malaysian financial system?
    • Ang, J.B., 2008. Are financial sector policies effective in deepening the Malaysian financial system? Contemporary economic policy, 62, 623-635.
    • (2008) Contemporary economic policy , vol.62 , pp. 623-635
    • Ang, J.B.1
  • 2
    • 67650711460 scopus 로고    scopus 로고
    • Financial development and the FDI-growth nexus: The Malaysian experience
    • Ang, J., 2009. Financial development and the FDI-growth nexus: the Malaysian experience. Applied Economics, 41(13), 1595-1601.
    • (2009) Applied Economics , vol.41 , Issue.13 , pp. 1595-1601
    • Ang, J.1
  • 3
    • 76949091078 scopus 로고    scopus 로고
    • Finance and inequality: The case of India
    • Ang, J.B., 2010. Finance and inequality: the case of India. Southern economic journal, 76, 738-761.
    • (2010) Southern economic journal , vol.76 , pp. 738-761
    • Ang, J.B.1
  • 4
    • 34248204524 scopus 로고    scopus 로고
    • Financial liberalization, financial sector development and growth: Evidence from Malaysia
    • Ang, J.B. and McKibbin, W.J., 2007. Financial liberalization, financial sector development and growth: evidence from Malaysia. Journal of development economics, 84, 215-233.
    • (2007) Journal of development economics , vol.84 , pp. 215-233
    • Ang, J.B.1    McKibbin, W.J.2
  • 6
    • 0036271307 scopus 로고    scopus 로고
    • Financial development and international trade: Is there a link?
    • Beck, T., 2002. Financial development and international trade: is there a link? Journal of international economic, 57, 107-131.
    • (2002) Journal of international economic , vol.57 , pp. 107-131
    • Beck, T.1
  • 8
    • 0942267342 scopus 로고    scopus 로고
    • Financial development and economic growth: Evidence from panel unit root and cointegration tests
    • Christopoulos, D.K. and Tsionas, E.G., 2004. Financial development and economic growth: evidence from panel unit root and cointegration tests. Journal of development economics, 73, 55-74.
    • (2004) Journal of development economics , vol.73 , pp. 55-74
    • Christopoulos, D.K.1    Tsionas, E.G.2
  • 10
    • 0000965383 scopus 로고    scopus 로고
    • Does financial development cause economic growth? Time series evidence from 16 countries
    • Demetriades, P.O. and Hussein, K.A., 1996. Does financial development cause economic growth? Time series evidence from 16 countries. Journal of development economics, 51, 387-411.
    • (1996) Journal of development economics , vol.51 , pp. 387-411
    • Demetriades, P.O.1    Hussein, K.A.2
  • 11
    • 0000367128 scopus 로고
    • How much do distortions affect growth?
    • Easterly, W., 1993. How much do distortions affect growth? Journal of monetary economics, 32, 187-212.
    • (1993) Journal of monetary economics , vol.32 , pp. 187-212
    • Easterly, W.1
  • 13
    • 0001685968 scopus 로고    scopus 로고
    • In favour of financial liberalisation
    • Fry, M.J., 1997. In favour of financial liberalisation. Economic journal, 107, 754-770.
    • (1997) Economic journal , vol.107 , pp. 754-770
    • Fry, M.J.1
  • 14
    • 0042730219 scopus 로고
    • Policy Planning and Research Working Papers No. 202. Washington, DC: The World Bank
    • Gelb, A.H., 1989. Financial policies, growth, and efficiency. Policy Planning and Research Working Papers No. 202. Washington, DC: The World Bank.
    • (1989) Financial policies, growth, and efficiency
    • Gelb, A.H.1
  • 17
    • 41149155705 scopus 로고    scopus 로고
    • Department of Economics, University of Bristol: Bristol, UK, Economics Discussion Papers No. 05/578
    • Huang, Y., 2005. Will political liberalization bring about financial development? Department of Economics, University of Bristol: Bristol, UK, Economics Discussion Papers No. 05/578.
    • (2005) Will political liberalization bring about financial development?
    • Huang, Y.1
  • 18
    • 4344569941 scopus 로고    scopus 로고
    • Banking sector reforms in Pakistan: Economies of scale and scope, and cost complementarities
    • Iimi, A., 2004. Banking sector reforms in Pakistan: economies of scale and scope, and cost complementarities. Journal of Asian economics, 15, 507-528.
    • (2004) Journal of Asian economics , vol.15 , pp. 507-528
    • Iimi, A.1
  • 19
    • 78651513484 scopus 로고    scopus 로고
    • International Financial Statistics (IFS), Washington, DC: International Monetary Fund
    • International Financial Statistics (IFS), 2009. Country Tables, Pakistan. Washington, DC: International Monetary Fund.
    • (2009) Country Tables, Pakistan
  • 20
    • 75149192546 scopus 로고    scopus 로고
    • Finance-growth nexus in China revisited: New evidence from principal components and ARDL bounds tests
    • Jalil, A., Feridun, M., and Ma, Y., 2009. Finance-growth nexus in China revisited: new evidence from principal components and ARDL bounds tests. International review of economics and finance, 19, 189-195.
    • (2009) International review of economics and finance , vol.19 , pp. 189-195
    • Jalil, A.1    Feridun, M.2    Ma, Y.3
  • 22
    • 34248657269 scopus 로고    scopus 로고
    • Financial development and economics growth: The case of Pakistan
    • Khan, A., Qayyum, A., and Sheikh, S., 2005. Financial development and economics growth: the case of Pakistan. The Pakistan development review, 44, 819-837.
    • (2005) The Pakistan development review , vol.44 , pp. 819-837
    • Khan, A.1    Qayyum, A.2    Sheikh, S.3
  • 23
    • 75149193270 scopus 로고    scopus 로고
    • Macro determinant of total factor productivity in Pakistan
    • Khan, S., 2006. Macro determinant of total factor productivity in Pakistan. SBP research bulletin, 2, 383-401.
    • (2006) SBP research bulletin , vol.2 , pp. 383-401
    • Khan, S.1
  • 25
    • 34247482883 scopus 로고
    • Finance and growth: Schumpeter might be right
    • King, R.G. and Levine, R., 1993. Finance and growth: Schumpeter might be right. Quarterly journal of economics, 108, 717-737.
    • (1993) Quarterly journal of economics , vol.108 , pp. 717-737
    • King, R.G.1    Levine, R.2
  • 26
    • 0002129055 scopus 로고
    • Economic growth and income inequality
    • Kuznets, S., 1955. Economic growth and income inequality. American economic review, 45, 1-28.
    • (1955) American economic review , vol.45 , pp. 1-28
    • Kuznets, S.1
  • 28
    • 0003093394 scopus 로고    scopus 로고
    • Financial intermediation and growth: Causality and causes
    • Levine, R., Loayza, N., and Beck, T., 2000. Financial intermediation and growth: causality and causes. Journal of monetary economics, 46, 31-77.
    • (2000) Journal of monetary economics , vol.46 , pp. 31-77
    • Levine, R.1    Loayza, N.2    Beck, T.3
  • 29
    • 45549121614 scopus 로고
    • On the mechanics of economic development
    • Lucas, R.E., Jr., 1988. On the mechanics of economic development. Journal of monetary economics, 22, 3-42.
    • (1988) Journal of monetary economics , vol.22 , pp. 3-42
    • Lucas Jr., R.E.1
  • 32
    • 43949168511 scopus 로고
    • Financial markets and growth: An overview
    • Pagano, M., 1993. Financial markets and growth: an overview. European economic review, 37, 613-622.
    • (1993) European economic review , vol.37 , pp. 613-622
    • Pagano, M.1
  • 35
    • 0003315552 scopus 로고    scopus 로고
    • An autoregressive distributed lag modelling approach to cointegration analysis
    • In: S. Strom, ed, Chapter 11. Cambridge: Cambridge University Press
    • Pesaran, M.H. and Shin, Y., 1999. An autoregressive distributed lag modelling approach to cointegration analysis. In: S. Strom, ed. Econometrics and economic theory in 20th century: the Ragnar Frisch Centennial Symposium, Chapter 11. Cambridge: Cambridge University Press. 371-413.
    • (1999) Econometrics and economic theory in 20th century: The Ragnar Frisch Centennial Symposium , pp. 371-413
    • Pesaran, M.H.1    Shin, Y.2
  • 36
    • 0035588799 scopus 로고    scopus 로고
    • Bounds testing approaches to the analysis of level relationships
    • Pesaran, M.H., Shin, Y., and Smith, R.J., 2001. Bounds testing approaches to the analysis of level relationships. Journal of applied econometrics, 16, 289-326.
    • (2001) Journal of applied econometrics , vol.16 , pp. 289-326
    • Pesaran, M.H.1    Shin, Y.2    Smith, R.J.3
  • 37
    • 85017030502 scopus 로고
    • Long-run policy analysis and long-run growth
    • Rebelo, S.T., 1991. Long-run policy analysis and long-run growth. Journal of political economy, 3, 500-521.
    • (1991) Journal of political economy , vol.3 , pp. 500-521
    • Rebelo, S.T.1
  • 38
    • 2442718109 scopus 로고    scopus 로고
    • Does one size fit all? A reexamination of the finance and growth relationship
    • Rioja, F. and Valev, N., 2004. Does one size fit all? A reexamination of the finance and growth relationship. Journal of development economics, 74, 429-447.
    • (2004) Journal of development economics , vol.74 , pp. 429-447
    • Rioja, F.1    Valev, N.2
  • 41
    • 13844254070 scopus 로고    scopus 로고
    • Finance, investment, and growth: Time series evidence from 10 Asian economies
    • Rousseau, P.L. and Vuthipadadorn, D., 2005. Finance, investment, and growth: time series evidence from 10 Asian economies. Journal of macroeconomics, 27, 87-106.
    • (2005) Journal of macroeconomics , vol.27 , pp. 87-106
    • Rousseau, P.L.1    Vuthipadadorn, D.2
  • 42
    • 0040531748 scopus 로고    scopus 로고
    • Financial intermediation and economic performance: Historical evidence from five industrial countries
    • Rousseau, P.L. and Wachtel, P., 1998. Financial intermediation and economic performance: historical evidence from five industrial countries. Journal of money, credit and banking, 30, 657-678.
    • (1998) Journal of money, credit and banking , vol.30 , pp. 657-678
    • Rousseau, P.L.1    Wachtel, P.2
  • 44
    • 0036554506 scopus 로고    scopus 로고
    • The demand for Turkish defence expenditure
    • Sezgin, S. and Yildirim, J., 2002. The demand for Turkish defence expenditure. Defence and peace economics, 13(2), 121-128.
    • (2002) Defence and peace economics , vol.13 , Issue.2 , pp. 121-128
    • Sezgin, S.1    Yildirim, J.2
  • 46


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.