Financial liberalization, financial sector development and growth: Evidence from Malaysia

By James B. Ang, Warwick J. McKibbin. 2007

856 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/574c4b1ada1758dbcfd2c8968d0ba187e218158c

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Citations in the corpus

Entrepreneurship and Sustainability: The Need for Innovative and Institutional Solutions (2017, methodology): “• Financial development: Following Ang and McKibbin (2007), we use principal component analysis to choose the best measure of financial development between the three indicators of financial development identified in the existing literature, namely, total credit to the private sector as a share of GD”
Dynamics of technological innovation, energy consumption, energy price and economic growth in Denmark (2018, positive): “To implement the procedure for bounds testing following Ang and McKibbin [34], and Khan and Qayyum [35], the ARDL version of the vector error correction model (VECM) from Equation (1) can be transformed as follows:”
Nonlinear dynamics of the finance-inequality nexus in developing countries (2012, background): “It is widely accepted that financial deepening constitutes a potentially important mechanism for sustaining long-term economic growth (see [1, 5, 8–12, 15, 18, 19, 22, 24], and many others).”
A Survey Of Recent Developments In The Literature Of Finance And Growth (2008, methodology): “Using time series data from 1960 to 2001, Ang and McKibbin (2007) conduct multivariate cointegration and several causality tests to assess the finance–growth link in the small open economy of Malaysia.”
Determinants of the link between financial and economic development: Evidence from a functional coefficient model (2014, methodology): “Following standard practice in the FD nexus literature (e.g. Apergis et al., 2007; Christopoulos and Tsionas, 2004; Demetriades and Hussein, 1996), economic development is measured in terms of real GDP per capita (GDPPC).”
Financial development and the FDI-growth nexus: the Malaysian experience (2009, methodology): “Hence, we develop a composite measure for financial development using principal component analysis (see, e.g. Demetriades and Luintel, 1997, 2001; Stock and Watson, 2002a, b; Ang and McKibbin, 2007).”
Institutional Quality, Trade Openness, and Financial Sector Development in Asia: An Empirical Investigation (2016, methodology): “This study employs an array of variables related to financial development and follows a recent method by Ang and McKibbin (2007) to construct a composite indicator of financial deepening that is as broad as possible. Specifically, logarithms of finance proxies including LLGDP, PCRDBOFGDP, and DBACBA”
Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries (2015, positive): “Nevertheless, they are in line with Ang and McKibbin (2007), who find that the return from financial development depends on the mobilization of savings and allocation of funds to productive investment projects.”