The paper investigates the causal nexus between financial development and economic growth for 15 selected Asian countries for the period 1961-2010, using cointegration test and vector error correction model. The results suggest that in the case of Bangladesh, Sri Lanka and South Korea, financial...

The study presents an application of neural network methods for forecasting Foreign Direct Investment (FDI) in the six Asian economies, namely, India, Malaysia, Singapore, Hong Kong, the Philippines and Thailand. Using the dataset for the period 1970-2009, it finds that Artificial Neural Network...

This paper examines the long-term relationship between financial development, social development and economic growth in 15 Asian countries for the period from 1961 to 2012. Using principal component analysis to construct development indices and a panel vector auto-regressive (VAR) model to test...