Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
963468 | Journal of International Financial Markets, Institutions and Money | 2012 | 13 Pages |
Abstract
⺠This study investigates the influence of financial institutions on economic growth in Taiwan. ⺠The substitution effect between credit and stock markets improves following openness. ⺠The negative impact of volatility on output pre-openness turned positive afterward. ⺠The beneficial impact of liquidity on output pre-openness turned negative afterward.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Su-Yin Cheng,