Financial environment and economic growth in selected Asian countries

By M. Fase, R.C.N. Abma. 2003

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Causality between financial development and economic growth: an application of vector error correction and variance decomposition methods to Saudi Arabia (2009, background): “…single-country time-series studies find either unidirectional causality from financial development to economic growth (Bell and Rousseau, 2001; Fase and Abma, 2003; Christtopoulos and Tsionas, 2004) or unidirectional causality from economic growth to financial development (Liang and Teng,…”
The Flow of Islamic Finance and Economic Growth: an Empirical Evidence of Middle East (2014, background): “Fase and Abma (2003) argued that expansion of the financial system could have a positive repercussion on economic growth.”
Causal nexus between economic growth, banking sector development, stock market development, and other macroeconomic variables: The case of ASEAN countries (2014, unknown): “…instance, Levine, 1999; Luintel & Khan, 1999; Al-Yousif, 2002; Ang, 2008a,b; Bangake & Eggoh, 2011; Beck, Levine, & Loayza, 2000; Chow & Fung, 2011; Fase & Abma, 2003; Herwartz & Walle, 2014; Jung, 1986; King & Levine, 1993a,b; Levine, 2003; Levine, Loayza, & Beck, 2000; Mukhopadhyay, Pradhan, &…”
Does Financial Development Cause Economic Growth? A Panel Data Dynamic Analysis for the Asian Developing Countries (2006, background): “Further evidence on the financial-led hypothesis is documented by Fase & Abma (2003) .”