Pradhan, Rudra P.; Arvin, Mak B.; Hall, John H.; … - In: Review of Financial Economics 23 (2014) 4, pp. 155-173
This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construction of the development indices and a panel...
