Please use this identifier to cite or link to this item:
|Title:||Financial development, openess and institutions: Evidence from panel data|
|Authors:||Baltagi, Badi H.|
Demetriades, Panicos O.
Hook, Law Siong
|Publisher:||Dept. of Economics, University of Leicester|
|Abstract:||Utilising four annual panel datasets and dynamic panel data estimation procedures we find that trade and financial openness, as well as economic institutions are statistically important determinants of the variation in financial development across countries and over time since the 1980s. However, we find mixed support for the hypothesis that the simultaneous opening of both trade and capital accounts is necessary to promote financial development in a contemporary setting.|
|Series/Report no.:||Papers in Economics|
|Appears in Collections:||Reports, Dept. of Economics|
Items in LRA are protected by copyright, with all rights reserved, unless otherwise indicated.