The Nexus between Financial Development and Economic Growth in China
The relationship between financial development and economic growth has been subject to the considerable debate in the literature of development and growth. Hence, this study aims to investigate the long-run relationship between financial development and economic growth of China over the period 19...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Human Resource Management Academic Research Society
2021
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/35354/1/Voon%20et%20al.%20%282021%29%20the-nexus-between-financial-development-and-economic-growth-in-china.pdf http://ir.unimas.my/id/eprint/35354/ |
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| Institution: | Universiti Malaysia Sarawak |
| Language: | English |
| Summary: | The relationship between financial development and economic growth has been subject to
the considerable debate in the literature of development and growth. Hence, this study aims
to investigate the long-run relationship between financial development and economic growth
of China over the period 1988 to 2018. This study employed Johansen’s Cointegration and
Granger Causality analysis to achieve the objectives of the study. The findings of this study
indicate there is a long-run relationship between financial development and economic growth
in China. |
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