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Financial Development and Economic Growth:Evidence from Northern Cyprus (Güryay, Erdal,)
Bibliographical information (record 264931)
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Financial Development and Economic Growth:Evidence from Northern Cyprus
Author:
 Güryay, Erdal, Search Author in Amazon Books

Publisher:
EuroJournals Publishing, Inc.,
Edition:
 2007.
Classification:
 HB171.5
Detailed notes
    - The paper empirically examines the relationship between financial development and economic growth in Northern Cyprus. Recent theoretical works show the importance of financial development on economic growth. In this study this closed association between financial development and economic growth econometrically is estimated by using Ordinary Least Square Estimation Method (OLS). The result showed that there is a negligible positive effect of financial development on economic growth of Northern Cyprus. Although Granger causality test showed that financial development does not cause economic growth, on the other hand there is evidence of causality from economic growth to the development of financial intermediaries
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Status
Library
Section
EOL-636
Item available
NEU Grand LibraryOnline (HB171.5 .F56 2007)
Online electronic
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