Does financial development hamper economic growth: empirical evidence from Bangladesh

Does financial development hamper economic growth: empirical evidence from Bangladesh

The objective of this study is twofold. (a) Construct the first ever financial development index (FDI) for Bangladesh using the principal component method (PCM). (b) Use the FDI to explore the existence of a long run relationship between FDI and economic growth. The Augmented Dickey Fuller and the...

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Bibliographic Details
Main Authors: Qazi Muhammad Adnan Hye, Faridul Islam
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2013-06-01
Series:Journal of Business Economics and Management
Subjects:
Financial Development Index
ARDL
Principal Component Method
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/3731

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