Causal relation between economic growth and domestic credit in the economic globalization: Evidence from the Hatemi-J's test
作者: Giray Gozgor
作者单位: 1Department of Economics and Finance , Dogus University , Zeamet Street 21, 34722 Kadikoy , Istanbul , Turkey
刊名: The Journal of International Trade & Economic Development, 2015, Vol.24 (3), pp.395-408
来源数据库: Taylor & Francis Journal
DOI: 10.1080/09638199.2014.908325
关键词: economic globalizationeconomic growthdomestic creditcausality analysisbootstrapping
原始语种摘要: This paper empirically examines causality relationship between economic growth and domestic credit in the economic globalization in 58 developed and developing countries over the period 1970–2010. We use the asymmetric Granger causality test that is based on modified Wald test statistics within bootstrapped critical values. We find a significant causality from domestic credit to economic growth only in seven developing countries. Furthermore, there is a unidirectional causality from economic growth to domestic credit in five developed and 10 developing economies.
全文获取路径: Taylor & Francis  (合作)

  • economic 经济的
  • globalization 全球化
  • credit 信用
  • domestic 国产的
  • between 在中间
  • growth 生长
  • relation 关系