Finance-growth nexus in China revisited: New evidence from principal components and ARDL bounds tests
Jalil, Abdul, Feridun, Mete and Ma, Ying (2010) Finance-growth nexus in China revisited: New evidence from principal components and ARDL bounds tests. International Review of Economics & Finance, 19 (2). pp. 189-195. ISSN 1059-0560 (doi:10.1016/j.iref.2009.10.005)Full text not available from this repository.
This article re-examines the finance-growth nexus in China using principal components analysis and ARDL bounds testing approach to cointegration. The results suggest that principal components have an effective role in examining the links between growth and financial development and, that financial development fosters economic growth.
|Additional Information:|| Special Issue: Recent Developments in China's Financial Markets|
|Uncontrolled Keywords:||financial development, economic growth, ARDL, PCA|
|Subjects:||H Social Sciences > HB Economic Theory|
H Social Sciences > HG Finance
|School / Department / Research Groups:||School of Business|
School of Business > Department of International Business & Economics
School of Business > Centre for Economic Performance, Governance & Regulation (CEPGR)
|Last Modified:||17 Sep 2013 10:18|
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