Research ArticleOpen accessPhrase in the titleImpact of Financial and Trade Openness on Financial Development in Emerging Market Economies: The Case of TurkeyEsin CakanThe study aims to examine whether the intensity of financial openness, trade openness and foreign direct investment promoted financial development in Turkey for the period 1974–2014. Three financial development indicators are used constructing the data from the World Development Indicators. Autoregressive Distributed Lag Model (ARDL) and the bounds tests are employed to show the long run relationship among variables. The … …American Journal of Economics and Business Administration, Vol. 9, Issue 4 · 30 Mar 2018 · 8,193 accessesView PDFCite
Research ArticleOpen accessPhrase in the titleFinancial Development and Economic Growth in Nepal: New intuitions from a Time Series Causality MethodUttam Paudel, Satish Chandra Bhatta, Umesh KhatriGeneralized empirical evidences about impact and direction of causality between financial development and economic growth ignoring the differences of structure and other factors seem less effective to understand the contributions of financial as well as real sector development to economic growth by country specific factors in Nepal. This paper has established the short run or long run relationship and the … …Journal of Social Sciences, Vol. 14, Issue 1 · 28 Mar 2018 · 8,474 accessesView PDFCite
Research ArticleOpen accessPhrase in the titleInflation and Financial Development: EvidenceEmmanuel Nii AbbeyThe study examined the impact of inflation on financial development in Ghana using quarterly time series data (1990-2008). It was in line with the empirical works that provided support for the proposition that inflation affects financial development negatively. While price stability has been emphasized in the literature to be the best antidote in addressing the problem, recent evidence of disagreements … …American Journal of Economics and Business Administration, Vol. 4, Issue 4 · 6 Jul 2013 · 7,912 accessesView PDFCite
Research ArticleOpen accessPhrase in the titleFinancial Development and Economic Growth An Empirical Analysis for GreeceAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the causal relationship between financial development and economic growth for Greece for the period 1978-2007 using a Vector Error Correction Model (VECM). Questions were raised whether financial development causes economic growth or reversely taking into account the positive effect of industrial production index. Financial market development is estimated by the effect of credit market development … …American Journal of Applied Sciences, Vol. 6, Issue 7 · 31 Jul 2009 · 7,749 accessesView PDFCite
Research ArticleOpen accessPhrase in the titleCausal Relationships between Financial Development, Trade Openness and Economic Growth: The Case of TurkeyFatih YucelProblem statement: The main objective of this study was to examine the causality relations between financial development, trade openness and economic growth (GDP) for the Turkish economy. Approach: In time series context, recently developed econometric techniques were used: namely the Augmented Dickey-Fuller (ADF) for unit root, Johansen and Juselius (JJ) for cointegration and Granger causality test for causal relationships. Results: … …Journal of Social Sciences, Vol. 5, Issue 1 · 31 Mar 2009 · 9,048 accessesView PDFCite
Research ArticleOpen accessEvery word in the titleA Causal Relationship between Financial Market Development and Economic GrowthAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the causal relationship between financial market development and economic growth for United Kingdom for the period 1965-2007 using a Vector Error Correction Model (VECM). Questions were raised whether financial market development causes economic growth or reversely taking into account the negative effect of interest rate. The objective of this study was to examine the causal … …American Journal of Applied Sciences, Vol. 7, Issue 4 · 30 Apr 2010 · 7,678 accessesView PDFCite
Research ArticleOpen accessEvery word in the titleFinancial and Social Inclusion and Financial Sector Development: An Outline in the EU28Domenica Federico, Maria Adele Milioli, Antonella Notte, Lucia PolettiThe paper describes the status of the European Union member countries, from the point of view of both financial and social inclusion and the development of the financial sector. The aim is to identify clusters of countries, with internally homogeneous but externally heterogeneous characteristics. The analysis shows if social exclusion and financial exclusion coexist in the same countries, considering the … …American Journal of Economics and Business Administration, Vol. 12, Issue 1 · 21 Jan 2020 · 8,677 accessesView PDFCite
Research ArticleOpen accessIn the keywordsCredit Market Development and Economic Growth an Empirical Analysis for United KingdomAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the causal relationship between credit market development and economic growth for UK for the period 1975-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the … …American Journal of Economics and Business Administration, Vol. 3, Issue 3 · 29 Nov 2011 · 7,238 accessesView PDFCite
Research ArticleOpen accessIn the keywordsThe Impact of Crisis and Macroeconomic Variables towards Islamic Banking DepositsMuhamad Abduh, Mohd Azmi Omar, Jarita DuasaProblem statement: The nature of Islamic banks is different from conventional banks which may lead to a different deposit behavior of their depositors. This study aims to analyze the dynamic effects of interest and profit rate changes, production level, inflation and financial crisis towards the fluctuation of total deposits in Malaysian Islamic banks. Approach: Using monthly data from January 2000 … …American Journal of Applied Sciences, Vol. 8, Issue 12 · 29 Oct 2011 · 7,683 accessesView PDFCite
Research ArticleOpen accessIn the keywordsImpacts on International Migration and Remittances GrowthFerdous Alam, Chamhuri Siwar, Basri TaliIb, Rabiul IslamProblem statement: This study provided a brief discussion of the international migration, an age old common phenomenon is an emerging economic development issue and remittances growth. Approach: Each year Bangladesh exports huge number of labours abroad for foreign currency, called remittance. In the last four decades remittances played a major role to eradicate the poverty level in Bangladesh and it … …American Journal of Environmental Sciences, Vol. 7, Issue 1 · 28 Feb 2011 · 8,064 accessesView PDFCite