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文章基本信息

  • 标题:The Relevance of Financial Development for Economic Growth: A Bounds Test Approach
  • 本地全文:下载
  • 作者:W.N.W. Azman-Saini ; Muzafar Shah Habibullah ; M. Azali
  • 期刊名称:Pertanika Journal of Social Sciences & Humanities
  • 印刷版ISSN:0128-7702
  • 电子版ISSN:2231-8534
  • 出版年度:2000
  • 卷号:8
  • 期号:1
  • 出版社:Universiti Putra Malaysia
  • 摘要: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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