Although financial development may facilitate economic growth over the long term, financial underdevelopment remains a …

The present study tries to understand the trends and determinants of economic growth in Indian states. For this, it …, the study concludes that although both the variables are highly correlated with economic growth, it is the social sector … development that is having higher impact on the economic growth. In terms of the role of financial sector, the results show that …

This paper provides a model to account for the empirical evidence that volatility reduces growth. In the model, greater … period. Hence, volatility reduces growth by deterring people from taking advantage of more productive technology. This model … growth by suggesting that totals factor productivity rather than the total factor accumulation is the key for growth. …

economic growth for South Africa. For this purpose, we data for 1965-2007 and set the estimation strategy under the ARDL … monotonic relationship between financial development and economic growth for South Africa. Trade openness and per capita real … capital are found as the other important determinants of economic growth in South Africa. …

This study investigates the relationship between energy consumption and economic growth by incorporating financial … international trade have positive impact on economic growth. The Granger causality analysis revealed that unidirectional causal … relationship running from energy consumption to economic growth. Financial development and energy consumption Granger cause each …

This study examines the linkages among economic growth, energy consumption, financial development, trade openness and … Granger causality technique and robustness of causal analysis is tested by innovative accounting approach (IAA). Our results … break stemming in the series. The empirical findings indicate that economic growth and energy consumption increases CO2 …

This study examines the linkages among economic growth, energy consumption, financial development, trade openness and … Granger causality technique and robustness of causal analysis is tested by innovative accounting approach (IAA). Our results … break stemming in the series. The empirical findings indicate that economic growth and energy consumption increases CO2 …

The present study aims to investigate the relationship between economic growth, energy intensity, financial development … analysis is tested by innovative accounting approach (IAA). Our results confirmed that the variables are cointegrated for long … run relationship. The empirical findings of this study reported that economic growth and energy intensity increase CO2 …

This paper explores the non-linear relationship between financial development and economic growth. It mainly relies on … to endogenously assess the impact of financial development on growth. Using a sample of 43 advanced and developing … economies over the period 1975–2009, the paper highlights that financial development supports economic growth in low-income and …