Financial development and economic growth: a study using generalized method of moments
This study aims to examine the impact of financial development on economic growth in 53 countries. In order to account the effect of both banking sector and stock market, the estimation includes the level of development measures of these two sectors in one model. Adopting generalized method of momen...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2012
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| Online Access: | http://psasir.upm.edu.my/id/eprint/51235/ http://psasir.upm.edu.my/id/eprint/51235/1/12-7.pdf |
| _version_ | 1848851777155235840 |
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| author | Abdullah, Abu Bakar Ibrahim, Saifuzzaman Wan Ngah, Wan Azman Saini |
| author_facet | Abdullah, Abu Bakar Ibrahim, Saifuzzaman Wan Ngah, Wan Azman Saini |
| author_sort | Abdullah, Abu Bakar |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This study aims to examine the impact of financial development on economic growth in 53 countries. In order to account the effect of both banking sector and stock market, the estimation includes the level of development measures of these two sectors in one model. Adopting generalized method of moments (GMM), the findings suggest that both development in banking sector and stock market are significant in economic growth. |
| first_indexed | 2025-11-15T10:27:34Z |
| format | Conference or Workshop Item |
| id | upm-51235 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:27:34Z |
| publishDate | 2012 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-512352017-04-03T06:00:43Z http://psasir.upm.edu.my/id/eprint/51235/ Financial development and economic growth: a study using generalized method of moments Abdullah, Abu Bakar Ibrahim, Saifuzzaman Wan Ngah, Wan Azman Saini This study aims to examine the impact of financial development on economic growth in 53 countries. In order to account the effect of both banking sector and stock market, the estimation includes the level of development measures of these two sectors in one model. Adopting generalized method of moments (GMM), the findings suggest that both development in banking sector and stock market are significant in economic growth. Faculty of Economics and Management, Universiti Putra Malaysia 2012 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/51235/1/12-7.pdf Abdullah, Abu Bakar and Ibrahim, Saifuzzaman and Wan Ngah, Wan Azman Saini (2012) Financial development and economic growth: a study using generalized method of moments. In: National Research & Innovation Conference for Graduate Students in Social Sciences (GS-NRIC 2012), 7-9 Dec. 2012, Mahkota Hotel, Melaka. (pp. 195-210). |
| spellingShingle | Abdullah, Abu Bakar Ibrahim, Saifuzzaman Wan Ngah, Wan Azman Saini Financial development and economic growth: a study using generalized method of moments |
| title | Financial development and economic growth: a study using generalized method of moments |
| title_full | Financial development and economic growth: a study using generalized method of moments |
| title_fullStr | Financial development and economic growth: a study using generalized method of moments |
| title_full_unstemmed | Financial development and economic growth: a study using generalized method of moments |
| title_short | Financial development and economic growth: a study using generalized method of moments |
| title_sort | financial development and economic growth: a study using generalized method of moments |
| url | http://psasir.upm.edu.my/id/eprint/51235/ http://psasir.upm.edu.my/id/eprint/51235/1/12-7.pdf |