Impact of Financial Integration on Economic Development: A Dynamic Panel Quantile Regression Analysis

被引：0
|
作者：
Abdullahi, Abubakar [1 ]
Ibrahim, Saifuzzaman [4 ]
Hook, Law Siong [2 ,3 ]
Ngah, Wan Azman Saini Wan [3 ]
机构：
[1] Kaduna State Univ, Fac Social & Management Sci, Dept Econ, Kaduna 800283, Nigeria
[2] Univ Putra Malaysia, Sch Business & Econ, Serdang 43400, Selangor, Malaysia
[3] Univ Putra Malaysia, Sch Business & Econ, Serdang 43400, Selangor, Malaysia
[4] Univ Putra Malaysia, Sch Business & Econ, Serdang 43400, Selangor, Malaysia
来源：
JOURNAL OF ECONOMIC INTEGRATION | 2023年 / 38卷 / 04期
关键词：
Financial Integration; Economic Development; Dynamic Panel Quantile Regression; Income Quantiles; DEVELOPING-COUNTRIES; GROWTH; CONTAGION; GLOBALIZATION; MARKETS; NEXUS; GMM;
D O I：
10.11130/jei.2023.38.4.628
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper investigated the impact of financial integration on economic development using the dynamic panel quantile estimator on a sample of 95 countries from 2004-2019. The results showed that the impact of financial integration on economic development varied across income levels. This study found that financial integration impacted economic development negatively in middle and high-income countries. However, financial integration did not significantly affect economic development in low-income countries.
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收藏
页码：628 / 645
页数：18
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