Санхүүгийн секторын хөгжил ба эдийн засгийн өсөлтийн холбоо хамаарал

Uyanga J

Санхүүгийн секторын хөгжил ба эдийн засгийн өсөлтийн холбоо хамаарал

Authors

Uyanga J МУИС-ЭЗС-ийн багш, Магистрант

Keywords:

economic growth, financial sector development, financial market, financial intermediation, economic development

Abstract

This paper decomposes the nexus between financial sector development and economic growth. We reexamined the role of financial sector development in long run economic growth using panel data analysis for 112 country case. Our result confirmed that financial sector development has a significant and positive correlation with long run economic growth for various income group countries.