Diem Pham Thi Thuy; Hoai Nguyen Trong - In: Cogent economics & finance 9 (2021) 1, pp. 1-17
This study investigates the influences of trade and financial openness on financial development over the period 2003-2017 from a sample of 64 developing countries, employing a Bayesian model averaging approach to take into account model uncertainty. The results demonstrate that the contribution...