A Dynamic Econometric Study of the Effects of Financial
Liberalization on Financial Development (Case study: the
Developing Countries)
اولين کنفرانس بين المللي دستاوردهاي نوين پژوهشي در مديريت،حسابداري و اقتصاد۱۳۹۵
ABSTRACT
The role and importance of the financial system in the process of growth and developing of
countries is so extent that the difference between developed and developing economies can be searched in
the degree of efficiency and performance of financial system. The liberalization of financial markets is a
subject, which in recent decades has raised issues of globalization and economic integration, as the recent
wave of financial liberalization since the mid-90s, has been causing considerable influx of capital flows
between developing countries. The presented paper has analyzed the impact of financial liberalization,
government consumption expenditure, institutional quality, economic growth, trade and inflation on
financial development in 24 developing countries, including Iran over the period 2002-2014, and used the
techniques of panel data with the approach of generalized method of moments (GMM) to estimate the
effects. Based on the regression results, indicators of financial liberalization and government consumption
expenditure have a negative impact and institutional quality and economic growth have a positive impact
on financial development indicators, but trade and inflation have no effect on the financial development
index.
شما می توانید به صورت مهمان و یا با عضویت خرید کنید ولی شما می توایند قبل از خرید وارد شوید یا عضو شوید و از پنل کاربری و همین طور امکانات فراوان سایت استفاده کنید.
پس از خرید محصول می توانید اطلاعات تماس فروشنده را مشاهده کنید.
اگر قبل از خرید سوالی از فروشنده دارید از بخش دیدگاه ها اقدام به پرسش کنید.
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