Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/31518| Title: | Financial development and economic growth : an empirical analysis for the UK |
| Authors: | Vazakidis, Athanasios Adamopoulos, Antonios |
| Keywords: | Economic development -- Great Britain Cointegration -- Great Britain Gross domestic product -- Great Britain Markets -- Great Britain |
| Issue Date: | 2011 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Vazakidis, A., & Adamopoulos, A. (2011). Financial development and economic growth : an empirical analysis for the UK. European Research Studies Journal, 14(2), 135-148. |
| Abstract: | This paper investigates the relationship between financial development and economic growth for UK for the period 1965-2007 using a vector error correction model (VECM). The purpose of this paper is to examine the long-run relationship between these variables applying the Johansen cointegration analysis. Granger causality tests indicated that there is a causal relationship between financial development and economic growth for UK. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/31518 |
| Appears in Collections: | European Research Studies Journal, Volume 14, Issue 2 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| ERSJ,_14(2)_-_A7.pdf | 342.07 kB | Adobe PDF | View/Open |
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