this paper. We apply an econometric technique, using yearly aggregated data, to examine a long-term co-integration and a …-term co-integration between financial integration de facto and economic growth in China. The bidirectional causality between …

estimation techniques to examine the existence of cointegration among economic growth, financial development and trade openness … inconclusive. While a number of scholars are of the view that compelling cointegration exists among each of these constructs … financial stability. Our results show that a two-way cointegration exists between economic growth and financial development, on …