Economic Growth and Stock Market Development
Philippine Review of Economics
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Title |
Economic Growth and Stock Market Development
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Creator |
Sanchez, Aurora; Research fellow at the Institute of Developing Economies
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Subject |
—
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Description |
The paper examines Japan’s equity capital market to find out whether stock market development proceeds from, or precedes, economic growth. It first starts with a general description of the capital market, its principal players and the various methods of financing investment. It then explores the relationship of economic growth and capital market development, focusing on the Japanese experience. The empirical evidence illustrates the case of growth first before stock market development, a finding which could prove useful for developing countries planning to develop their capital markets.
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Publisher |
Philippine Review of Economics
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Contributor |
—
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Date |
1989-06-07
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/277
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Source |
Philippine Review of Economics; Vol 26, No 1 (1989)
1655-1516 |
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Language |
eng
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Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/277/425
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Rights |
Copyright (c) 2017 Philippine Review of Economics
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