Financial development and economic growth in Malaysia : the stock market perspective

QR Code

Financial development and economic growth in Malaysia : the stock market perspective

Understanding the causal relationship between financial development and economic growth is important in enhancing the economy of a nation. Using the autoregressive distributed lag (ARDL) bounds test approach, this study finds that stock market development is cointegrated with economic growth in the...

Full description

Bibliographic Details
Main Authors:	Chee, Keong Choong, Zulkornain, Yusop, Siong, Hook Law, Liew, Venus Khim Sen
Format:	Working Paper
Language:	English
Published:	Munich Personal RePEc Archive 2005
Subjects:	HB Economic Theory HG Finance
Online Access:	http://ir.unimas.my/id/eprint/201/ http://ir.unimas.my/id/eprint/201/1/Financial_development_and_economic_growth.pdf

Similar Items

Financial development and economic growth in Malaysia : the stock market perspective
by: Chee, Keong Choong, et al.
Published: (2005)

Export-Led Growth Hypothesis In Malaysia: An Investigation Using Bounds Test
by: Choong, Chee-Keong, et al.
Published: (2005)

Export-led Growth Hypothesis in Malaysia: An Application of Two-Stage Least Square Technique
by: Choong, Chee-Keong, et al.
Published: (2003)

Is There Any International Diversification Benefits in ASEAN Stock Markets?
by: Lim, Kian-Ping, et al.
Published: (2009)

Export-led growth hypothesis in Malaysia : an investigation using bounds test
by: Choong, Chee Keong, et al.
Published: (2005)

Nonlinear mean reversion in stock prices: evidence from Asian markets
by: Lim, Kian-Ping, et al.
Published: (2007)

International Diversification Benefits In Asean Stock Markets: A Revisit
by: Lim, Kian-Ping, et al.
Published: (2003)

Statistical Inadequacy of GARCH Models for Asian Stock Markets: Evidence and Implications
by: Lim, Kian-Ping, et al.
Published: (2005)

Private capital flows to developing countries : the role of the domestic financial sector.
by: Choong, Chee Keong, et al.
Published: (2010)

Day-Of-The-Week Effects: Evidence From The Chinese Stock Markets
by: Chia, Ricky Chee-Jiun, et al.
Published: (2011)

Evidence on the Day-of-the-Week Effect and Asymmetric Behavior in the Bombay Stock Exchange
by: Chia, Ricky Chee-Jiun, et al.
Published: (2010)

On the forecastability of Asean-5 stock markets returns using time series models
by: Venus, Khim-Sen Liew, et al.
Published: (2003)

Examining the Impact of the U.S. IT Stock Market on Other IT Stock Markets
by: Qiao, Zhuo, et al.
Published: (2010)

Is money neutral in stock market? The case of Malaysia
by: Puah, Chin-Hong, et al.
Published: (2010)

Are Non-Linear Dynamics A Universal Occurrence? Further Evidence From Asian Stock Markets
by: Lim, Kian-Ping, et al.
Published: (2003)

Private capital flows, stock market and economic growth in developed and developing countries: a comparative analysis
by: Choong, Chee Keong, et al.
Published: (2010)

Weak-form Efficient Market Hypothesis, Behavioural Finance and Episodic Transient Dependencies The Case of the Kuala Lumpur Stock Exchange
by: Lim, Kian-Ping, et al.
Published: (2003)

Foreign direct investment and economic growth in Malaysia: the role of domestic financial sector
by: Choong, Chee Keong, et al.
Published: (2005)

Performance of Autoregressive Order Selection Criteria: A Simulation Study
by: Liew, Venus Khim-Sen, et al.
Published: (2008)

The effect of Malaysia general election on stock market returns
by: Liew, Venus Khim-Sen, et al.
Published: (2016)

The Validity of PPP Revisited: An Application of Non-linear Unit Root Test
by: Liew, Venus Khim-Sen
Published: (2003)

Linear and nonlinear monetary approaches to the exchange rate of the Philippines peso-Japanese yen
by: Liew, Venus Khim-Sen
Published: (2009)

FDI and economic growth: new evidence on the role of financial markets
by: Wan Ngah, Wan Azman Saini, et al.
Published: (2010)

India-ASEAN-5 Economic Integration: Impact of Liberalization
by: Liew, Venus Khim-Sen, et al.
Published: (2007)

Garch diagnosis with portmanteau bicorrelation test an application on the Malaysia’s stock market
by: Liew, Khim Sen, et al.
Published: (2003)

Does the US IT stock market dominate other IT stock markets : Evidence from multivariate GARCH model
by: Zhuo, Qiao, et al.
Published: (2007)

Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries
by: Choong, Chee-Keong, et al.
Published: (2011)

Economic growth volatility and resource curse: the role of financial development
by: Moradbeigi, Maryam, et al.
Published: (2014)

Nonlinear Adjustment Of Real Exchange Rates Towards Purchasing Power Parity And The Asian Financial Crisis
by: Liew, Venus Khim-Sen, et al.
Published: (2005)

Revisiting Purchasing Power Parity for Central Asian Countries Using Threshold Cointegration Tests
by: Lau, Evan, et al.
Published: (2010)

Real interest rate parity in the ASEAN-5 countries: a nonlinear perspective
by: Ahmad Zubaidi, Baharumshah, et al.
Published: (2008)

Is money neutral in stock markets? the case of Malaysia.
by: Puah, Chin Hong, et al.
Published: (2010)

Early warning indicator of economic vulnerability
by: Wong, Shirly Siew-Ling, et al.
Published: (2012)

Income convergence: fresh evidence from the Nordic countries
by: Liew, Venus Khim-Sen, et al.
Published: (2009)

Money Demand in Malaysia: Further Empirical Evidence
by: Huzaimi, Hussain, et al.
Published: (2006)

Defense spending and economic growth in Asian economies: A panel error-correction approach
by: Muzafar Shah, Habibullah, et al.
Published: (2008)

Sectoral foreign aid and income inequality
by: Saidon, Ruhaida, et al.
Published: (2012)

Is the Hong Kong Stock Market Asymmetrical in Behavior?
by: Liew, Venus Khim-Sen, et al.
Published: (2015)

An early warning indicator of economic vulnerability constructing for Malaysian economy
by: Shazali, Abu Mansor, et al.
Published: (2015)

Measuring Business Cycle Fluctuations: An Alternative Precursor To Economic Crises
by: Puah, Chin Hong, et al.
Published: (2016)