文章基本信息

标题：Financial Development and Economic Growth; Evidence from Asia-Pacific Countries
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作者：Taufiq Marwa ; Muizzuddin Muizzuddin ; Imam Asngari 等
期刊名称：Integrated Journal of Business and Economics
印刷版ISSN：2549-5933
电子版ISSN：2549-3280
出版年度：2022
卷号：6
期号：1
页码：64-73
DOI：10.33019/ijbe.v6i1.459
语种：English
出版社：Universitas Bangka Belitung, Fakultas Ekonomi
摘要：This research examines the impact of financial development on economic growth. Using a sample of 152 observations from 13 countries in the Asia Pacific for the period 2004 and 2020, we find that financial development positively impacts economic growth, supporting the finance-growth hypothesis, especially in the development of the capital market sector. This research provides policy implications that positive relationship between financial development and growth suggests that policymakers should take the necessary moves towards the simultaneous development of both the banking sector and the stock market to stimulate growth.
关键词：Financial development;economic growth;Asia;Pacific