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robust examination of the empirical findings. The result of cointegration confirms the presence of cointegration among the …
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inconclusive. While a number of scholars are of the view that compelling cointegration exists among each of these constructs … estimation techniques to examine the existence of cointegration among economic growth, financial development and trade openness … financial stability. Our results show that a two-way cointegration exists between economic growth and financial development, on …
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This research examines the linkages between trade, financial openness, and economic growth in China from 1992 to 2021, using Granger causality analysis in the ECM model to identify the trend of a causal relationship between the variables. The results confirm the validity of export-led growth and...
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