This paper investigated the linkages between banking sector depth, trade openness, and economic growth using a panel data set covering the ASEAN regional forum countries for the period 1961–2012. Using our multivariate framework, we first found that all the variables were integrated of order...

The paper examines the long-run relationship between innovation and per capita economic growth in the 19 European countries over the period 1989-2014. This study uses six different indicators of innovation: patents-residents, patents-non-residents, research and development expenditure,...

Background: This study examines the relationship between insurance market density (IMD) and economic growth. Methods: We employed Granger causality technique in 19 Eurozone countries for the period 1980-2014. We use three different indicators of IMD, namely life insurance density, non-life...