How Does Financial Development Effects on Economic Growth in BRICS Countries?

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

Uluslararası Ekonomik Araştırmalar Dergisi
Volume:2 Issue:3
How Does Financial Development Effects on Economic Growth in BRICS Countries?

How Does Financial Development Effects on Economic Growth in BRICS Countries?

Authors : Kıvanç Halil ARIÇ

Pages : 71-76

View : 15 | Download : 8

Publication Date : 2016-09-01

Article Type : Research Paper

Abstract :In the economy literature it is generally suggested that financial development leads economic growth for countries. This study analysis the financial development effects on economic growth for BRICS countries. Panel data analysis was used in the period of 2007-2014. According to the analysis results money and quasi money M2 as % of GDP and market capitalization of listed companies as % of GDP are effect on economic growth positively. However domestic credit to private sector as % of GDP effects on economic growth negatively for BRICS countries
Keywords : BRICS countries, panel data, financial development, economic growth

ORIGINAL ARTICLE URL

VIEW PAPER (PDF)

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.