English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 52355/87459 (60%)
造訪人次 : 9122693      線上人數 : 236
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/104320

    題名: Interrelationships among banks, stock markets and economic growth: an empirical investigation
    作者: Kim, Dong-Hyeon;Lin, Shu-Chin
    關鍵詞: economic growth;financial development;identification through heteroscedasticity;C33;G21;O16
    日期: 2013-05-16
    上傳時間: 2016-01-06 10:55:28 (UTC+8)
    摘要: This article utilizes a simultaneous equations model to study the relationships among economic growth, banking and stock market development. In contrast to conventional instrumental variable approach, we implement the analysis via the methodology of identification through heteroscedasticity. Using Beck and Levine (2004) dataset, we find that each of the three variables interacts in important ways. While both are conducive to economic growth, banking development matters more for growth in low-income countries and stock market development is more favourable to growth in high-income or low-inflation ones. The data also reveal coexistence of a positive effect of banking development on stock market development and a negative effect of stock market development on banking development. Besides, the feedback effects of growth on both banking and stock market development are found.
    關聯: Applied Economics 45(31), pp.4385-4394
    DOI: 10.1080/00036846.2013.786165
    顯示於類別:[經濟學系暨研究所] 期刊論文


    檔案 描述 大小格式瀏覽次數



    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋