| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5083739 | International Review of Economics & Finance | 2013 | 13 Pages |
Abstract
⺠The role of finance on economic growth is analyzed with panel data. ⺠Stock market development is positively related to economic growth. ⺠The impact of bank financing diminishes as bond markets develop. ⺠The contribution of corporate bond market is time-varying. ⺠The effect of government bond market is positive and significant.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Patara Thumrongvit, Yoonbai Kim, Chong Soo Pyun,