Hye, Qazi Muhammad Adnan - In: Journal of Risk Finance 11 (2011) February, pp. 98-111
Purpose – The purpose of this paper is to construct a financial development index (FDI) for the Indian economy and also examine the relationship between FDI and economic growth. Design/methodology/approach – Augment Dickey Fuller, Phillips Perron and Ng Perron unit root tests are employed in...