Test FOR Dynamic Relationship between Financial Development and Economic Growth in Malaysia: A Vector Error Correction Modeling Approach
| Main Authors: | Amiruddin, Rosilawati, Mohd Nor, Abu Hassan Shaari, Ismail, Ismadi |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada
, 2007
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| Subjects: | |
| Online Access: |
https://jurnal.ugm.ac.id/gamaijb/article/view/5605 https://jurnal.ugm.ac.id/gamaijb/article/view/5605/4576 |
| ctrlnum |
article-5605 |
|---|---|
| fullrecord |
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<dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">Test FOR Dynamic Relationship between Financial Development and Economic Growth in Malaysia: A Vector Error Correction Modeling Approach</title><creator>Amiruddin, Rosilawati</creator><creator>Mohd Nor, Abu Hassan Shaari</creator><creator>Ismail, Ismadi</creator><subject lang="en-US">financial development; economic growth; VECM</subject><description lang="en-US">This paper purports to study the effectiveness of financial development to Malaysian economic growth utilizing quarterly data. In view of the priority given to dynamic relationship in conducting this study, Vector Autoregressive (VAR) method which encompasses Johansen-Juselius’ Multivariate cointegration, Vector Error Correction Model (VECM), Impulse Response Function (IRF), and Variance Decomposition (VDC) are used as empirical evidence. The result reveals a short-term and long-term dynamic relationship between financial development and economic growth. The importance of financial sector in influencing the economic activity is proven as a clear policy implication.</description><publisher lang="en-US">Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada</publisher><date>2007-01-12</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://jurnal.ugm.ac.id/gamaijb/article/view/5605</identifier><identifier>10.22146/gamaijb.5605</identifier><source lang="en-US">Gadjah Mada International Journal of Business; Vol 9, No 1 (2007): January - April; 61-79</source><source>2338-7238</source><source>1411-1128</source><language>eng</language><relation>https://jurnal.ugm.ac.id/gamaijb/article/view/5605/4576</relation><recordID>article-5605</recordID></dc>
|
| language |
eng |
| format |
Journal:Article Journal Other:info:eu-repo/semantics/publishedVersion Other File:application/pdf File Journal:eJournal |
| author |
Amiruddin, Rosilawati Mohd Nor, Abu Hassan Shaari Ismail, Ismadi |
| title |
Test FOR Dynamic Relationship between Financial Development and Economic Growth in Malaysia: A Vector Error Correction Modeling Approach |
| publisher |
Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada |
| publishDate |
2007 |
| topic |
financial development economic growth VECM |
| url |
https://jurnal.ugm.ac.id/gamaijb/article/view/5605 https://jurnal.ugm.ac.id/gamaijb/article/view/5605/4576 |
| contents |
This paper purports to study the effectiveness of financial development to Malaysian economic growth utilizing quarterly data. In view of the priority given to dynamic relationship in conducting this study, Vector Autoregressive (VAR) method which encompasses Johansen-Juselius’ Multivariate cointegration, Vector Error Correction Model (VECM), Impulse Response Function (IRF), and Variance Decomposition (VDC) are used as empirical evidence. The result reveals a short-term and long-term dynamic relationship between financial development and economic growth. The importance of financial sector in influencing the economic activity is proven as a clear policy implication. |
| id |
IOS284.article-5605 |
| institution |
Universitas Gadjah Mada |
| institution_id |
19 |
| institution_type |
library:university library |
| library |
Perpustakaan Pusat Universitas Gadjah Mada |
| library_id |
488 |
| collection |
Gadjah Mada International Journal of Business |
| repository_id |
284 |
| subject_area |
Economics, Econometrics & Finance |
| city |
SLEMAN |
| province |
DAERAH ISTIMEWA YOGYAKARTA |
| repoId |
IOS284 |
| first_indexed |
2016-10-12T03:04:35Z |
| last_indexed |
2017-02-25T09:30:35Z |
| recordtype |
dc |
| _version_ |
1722448905867624448 |
| score |
17.60897 |