International Journal of Management and Applied Science (IJMAS)
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Volume-5,Issue-8  ( Aug, 2019 )
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Statistics report
Oct. 2019
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 66
Paper Published : 4089
No. of Authors : 8401
  Journal Paper




Paper Title :
Financial Development and Economic Growth: Evidence from Panel Cointegration Tests and Generalized Impulse Response Analysis

Author :Uyanga Gantumur

Article Citation :Uyanga Gantumur , (2018 ) " Financial Development and Economic Growth: Evidence from Panel Cointegration Tests and Generalized Impulse Response Analysis " , International Journal of Management and Applied Science (IJMAS) , pp. 37-38, Volume-4,Issue-7

Abstract : This study investigates the long-run relationship and the inter-temporal link between financial development and economic growth by using panel data of 86 countries both developed and developing over the period 1993-2013. To examine the linkage between financial development and economic growth of the eighty six countries in four income groups used panel unit root test, panel cointegration, FMOLS and generalized impulse response analysis. The result point out that the amount of credit from domestic sources to the private sector a maintained a positively significant to the economic growth.

Type : Research paper


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