Chiou-Wei, Song Zan; Zhu, Zhen; Wu, Wun-Cheng - In: Applied Economics 42 (2010) 16, pp. 2041-2052
This article investigates the influences of financial development on economic growth for South Korea. The analysis is performed using an error correction model and a nonlinear smooth transition error correction technique. Empirical results from the cointegration test reveal that there is a...