Financial Development and Economic Growth; Evidence from Asia-Pacific Countries
نویسندگان
چکیده
This research examines the impact of financial development on economic growth. Using a sample 152 observations from 13 countries in Asia Pacific for period 2004 and 2020, we find that positively impacts growth, supporting finance-growth hypothesis, especially capital market sector. provides policy implications positive relationship between growth suggests policymakers should take necessary moves towards simultaneous both banking sector stock to stimulate
منابع مشابه
Relationship between Economic Growth, Urban Concentration and Trade: Evidence from the Asia-Pacific
There is a significant relationship between economic growth and the degree of urban concentration, as measured by primacy or the share of the largest city in an urban system. In accordance to urban economic theories, there is an inverse-U shape relationship between urban concentration âurban primacy- and economic growth. That is, as economy grows, urban concentration increases, approaches a...
متن کاملEvidence from Asia-Pacific Countries
The traditional societies are realising the relevance of knowledge in everyday life, and due to which are getting converted into knowledge driven societies. Therefore, knowledge–driven societies are giving rise to knowledge–driven economies. This is a global phenomenon, hence nations that have less access to knowledge are less privileged whereas nations with better access to knowledge become pr...
متن کاملinternational outsourcing, human capital development and economic growth in asia- pacific countries
the objective of this research is to explore the effect of international outsourcing on economic growth in asia-pacific countries. accordingly, a panel regression model based on soderbom and teal (2003) is estimated using data of the considered countries over the period 1995-2006. in addition to international outsourcing, the model includes human capital, labor force and physical capital as the...
متن کاملrelationship between economic growth, urban concentration and trade: evidence from the asia-pacific
â â â â â â â â abstract: â there is a significant relationship between economic growth and the degree of urban concentration, as measured by primacy or the share of the largest city in an urban system. in accordance to urban economic theories, there is an inverse-u shape relationship between urban concentration âurban primacy- and economic growth. that is, as economy grows, urban concen...
متن کاملTrade Potential of Turkey with Asia-Pacific Countries: Evidence from Panel Gravity Model
As a result of recent developments, global economic centre of gravity has slide to Asia-Pacific region. It is predicted that Asia-Pacific countries will take place at the first row in global trade and nearly a half of the total trade will intensify in this region at the year 2030. On the other hand, the region covers countries from different levels of development. These features of the region p...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Integrated Journal of Business and Economics
سال: 2022
ISSN: ['2549-5933', '2549-3280']
DOI: https://doi.org/10.33019/ijbe.v6i1.459