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Financial Development and Stock Traded Contributions towards Economic Growth

Journal of Management Info

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Title Financial Development and Stock Traded Contributions towards Economic Growth
 
Creator Zafar, Shehper Maryam; COMSATS Institute of Information Technology,
Bukhari, Nadia; COMSATS Institute of Information Technology,
 
Subject Economic Growth; Financial Development; Stock Traded; ARDL Technique
 
Description This purpose of this research is check the long run as well as short run impact of Financial Development and Stock traded on the economic growth in the scenario of Pakistan. The time series data has taken for the year 1988-2013. This paper utilized ARDL methodology to determine long-term impact of Financial Development and Stock Traded on Economic growth. Further Granger Causality Check has used to check a uni-directional relationship. The results of this test support that FD and stock traded has a uni-directional impact over economic growth. Further, it has depicted from ARDL that there is a positive relationship between FD and Economic Growth as well as Stock Traded and Economic Growth.
 
Publisher Readers insight Publisher
 
Contributor
 
Date 2015-03-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format image/pdf
 
Identifier http://jmi.readersinsight.net/index.php/jmi/article/view/34
 
Source Journal Of Management Info; Vol 5, No 1 (2015): Volume 5, Issue 1; 56-68
2313-3376
 
Language eng
 
Relation http://jmi.readersinsight.net/index.php/jmi/article/view/34/pdf_24
 
Rights Copyright (c) 2015 Journal Of Management Info
http://creativecommons.org/licenses/by/4.0