monthly) are analysed using fractional integration and fractional cointegration methods. Further, recursive cointegration … exhibit long memory. There is cointegration between the ASEAN five and the US but almost none between the former and China …

This study examines the impact of financial integration on economic growth in the case of 31 European countries over … the period from 2000 to 2021 using dynamic panel data models. The estimation results provide evidence of significant … positive effects of financial integration on economic growth. They also suggest that the financial integration – economic …

financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … associated with higher growth, lower growth volatility, and lower probabilities of severe declines in real activity. Advances in … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including … openness tends to strengthen financial development in the long run but to have an adverse effect in the short run. By contrast …

thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take …

reforms which aim at opening these countries to trade and financial channels to the rest of the world. The estimation of time …