Journal ArticleDOI
Does Financial Development Cause Economic Growth? The Case of India
TLDR
In this paper, the authors examined whether financial development has "caused" economic growth in India since 1996 and examined the dynamic interactions between the growth of real Gross Domestic Product and indicators of financial development.Abstract:
This article examines whether financial development has ‘caused’ economic growth in India since 1996. The dynamic interactions between the growth of real Gross Domestic Product and indicators of fi...read more
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FDI and economic growth: new evidence on the role of financial markets
TL;DR: In this paper, the authors used a threshold regression model and found new evidence that the positive impact of FDI on growth "kicks in" only after financial market development exceeds a threshold level.
Journal ArticleDOI
Financial Development and Economic Growth in the UAE: Empirical Assessment Using ARDL Approach to Co-integration
TL;DR: In this paper, the authors examined the relationship between financial development and economic growth in a small open economy of United Arab Emirates (UAE) using time series data from 1974 to 2008, and employed the autoregressive distributed lag (ARDL) approach to cointegration.
The effect of microfinance factors on women entrepreneurs’ performance in Nigeria: a conceptual framework
TL;DR: In this paper, the effect of credit, savings, training, and social capital on women entrepreneurs' performance in Nigeria was examined using Structural Equation Modeling (SEM).
Journal ArticleDOI
Financial Development and Economic Growth in India An Analysis of the Post-reform Period
TL;DR: In this article, the authors examined the impact of the developments in the financial sector on economic growth in India in the post-reform period and found that an increase in the market capitalization dampens economic growth, whereas turnover has no significant effect.
References
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Journal ArticleDOI
Stock market development and long-run growth
Ross Levine,Sara Zervos +1 more
TL;DR: The authors empirically evaluate the relationship between stock market development and long-term growth and find that stock market developments are positively associated with economic growth and that instrumental variables procedures indicate a strong connection between the predetermined component in the long run.
Journal ArticleDOI
A quantitative reassessment of the finance–growth nexus: evidence from a multivariate VAR
Kul B. Luintel,Mosahid Khan +1 more
TL;DR: In this article, the long-run relationship between financial development and economic growth is examined in a multivariate vector autoregression (VAR) framework using 10 sample countries, and the authors find bi-directional causality.
Posted Content
Stock Market Development and Financial Intermediaries: Stylized Facts
TL;DR: Demirguc-Kunt and Levine as mentioned in this paper studied the relationship between stock market size, liquidity, concentration, and volatility, of institutional development, and international integration, and found that the level of stock market development is highly correlated with the development of banks, nonbank financial institutions (finance companies, mutual funds, brokerage houses), insurance companies, and private pension funds.