文章基本信息

标题：Financial depth and economic growth: Empirical evidence from ASEAN+3 countries
本地全文：下载
作者：Quoc Hoi Le ; Hoang Lan Ho ; Thuy Duong Vu 等
期刊名称：Management Science Letters
印刷版ISSN：1923-9335
电子版ISSN：1923-9343
出版年度：2019
卷号：9
期号：6
页码：851-864
DOI：10.5267/j.msl.2019.3.003
出版社：Growing Science
摘要：Nexus between financial depth and economic growth has been studied for long time and still attracts great attention from policymakers. This research examines the relationship among ASEAN+3 countries from 2000 to 2014 based on Cobb-Douglas theoretical framework. The results show that financial depths measured by domestic credit to private sector, M3 and stock market capitalisation all have significant effects on economic growth. The paper also gives policy recommendations to promote financial development for purposes of long-term economic growth in ASEAN+3 countries.
关键词：Financial depth; Economic growth; ASEAN+3 countries