Financial Development Investment and Economic Growth
Subject Areas : Financial Knowledge of Securities Analysis
1 - ندارد
Keywords: Financial Development, investment, Economic growth,
Abstract :
Our aim in this paper is to investigate the effect of financial developmentvariables on investment and growth. Financial development variable are:1- Ratio of private sector deposits in banks to gross domesticproduct.2- Ration of liabilities of private sector to banks to gross domesticproduct.3- Ratio of stock trade in stock exchange to current value of stocksissued.4- Ratio of current value of stocks issued to gross domestic product.5- Ratio of private sector liquidity to gross domestic product.To test our hypothesis we use panel data fixed effect method andcountries in our sample are: Bahrain, China, Indonesia, India, Iran,Pakistan, Turkey, United Arab Emirate.