The impact of stock market development and banks on economic growth for SAARC countries: a panel analysis
2012 (English)In: Asian Journal of Research in Business Economics and Management, ISSN 2249-7307, Vol. 2, no 9, 49-60 p.Article in journal (Refereed) Published
The aim of this study is to determine the effect of stock market development and banks on the economic growth in SAARC countries. A random effect panel model is fitted and it fits the data well. It is observed that market capitalization and domestic credit to private sector have significant positive contribution to the economic growth (GDP) for the sampled SAARC countries whereas domestic credit to banking sector has negative contribution.
Place, publisher, year, edition, pages
2012. Vol. 2, no 9, 49-60 p.
Probability Theory and Statistics
IdentifiersURN: urn:nbn:se:su:diva-127190OAI: oai:DiVA.org:su-127190DiVA: diva2:907289