Finance and growth in ASEAN
107 p.
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2014
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/57600 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Nanyang Technological University |
| id |
sg-ntu-dr.10356-57600 |
|---|---|
| record_format |
dspace |
| spelling |
sg-ntu-dr.10356-576002023-05-19T06:16:17Z Finance and growth in ASEAN Chua, Poh Chai Lee Boon Keng Nanyang Business School DRNTU::Business::Finance 107 p. This paper determines the impact of financial development on economic growth ASEAN . I have chosen to study the Asean5 countries because of the difference in income growth across these economies. Recently, there has been an upsurge of interest in these financial sector. Moreover, each has its unique financial characteristics and various degrees of development This paper adopts the basic model generated by King and Levine(1993a) to show various financial deepening. Using data sets from International Financial Statistics, 1996, results indicate that financial developments are robustly correlated with economic growth in high growth periods. However, there are only weak evidences during periods of low growth. A Granger-causality test that accounts for preceding developments showed that finance and growth are causal to each other during high growth period but not periods of low growth. Although each country exhibits different characteristics, there are sufficient evidences to support both the 'supply-leading' and 'demand following' theory. BUSINESS 2014-04-07T10:49:58Z 2014-04-07T10:49:58Z 1997 1997 Final Year Project (FYP) http://hdl.handle.net/10356/57600 Nanyang Technological University application/pdf |
| institution |
Nanyang Technological University |
| building |
NTU Library |
| continent |
Asia |
| country |
Singapore Singapore |
| content_provider |
NTU Library |
| collection |
DR-NTU |
| topic |
DRNTU::Business::Finance |
| spellingShingle |
DRNTU::Business::Finance Chua, Poh Chai Finance and growth in ASEAN |
| description |
107 p. |
| author2 |
Lee Boon Keng |
| author_facet |
Lee Boon Keng Chua, Poh Chai |
| format |
Final Year Project |
| author |
Chua, Poh Chai |
| author_sort |
Chua, Poh Chai |
| title |
Finance and growth in ASEAN |
| title_short |
Finance and growth in ASEAN |
| title_full |
Finance and growth in ASEAN |
| title_fullStr |
Finance and growth in ASEAN |
| title_full_unstemmed |
Finance and growth in ASEAN |
| title_sort |
finance and growth in asean |
| publishDate |
2014 |
| url |
http://hdl.handle.net/10356/57600 |
| _version_ |
1770565117020209152 |