Financial development and economic growth: the case of Taiwan

By Tsangyao Chang, Steven B. Caudill *. 2005

160 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/e82099ced54e631c50485d93a4277ac4b81844c2

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Daniel Meierrieks
2. Thomas Gries
3. M. Kraft
4. G. Giorgioni
5. K. Saci
6. Ali Al-Elg
7. Haider H. Madani
8. Ken Holden

In Finance

1. M. Kraft
2. Thomas Gries
3. Daniel Meierrieks
4. G. Giorgioni
5. K. Saci
6. Ken Holden
7. James B. Ang
8. Antonio N. Bojanic

Citations in the corpus

• Financial development and the FDI-growth nexus: the Malaysian experience (2009, result): “The results that financial sector development plays a catalyst role in output expansion are, by and large, in line with the literature on finance and development (see, e.g. Levine, 1997; Ang and McKibbin, 2007; Chang and Caudill, 2005; Shan, 2005; Thiessen, 2005).”
• Linkages between Financial Deepening, Trade Openness and Economic Development: Causality Evidence from Sub-Saharan Africa (2009, background): “in Singapore (Murinde and Eng, 1994), Korea (Choe and Moosa, 1999) or Taiwan (Chang and Caudill, 2005).”
• The Impact of Financial Development and Trade on the Economic Growth of Bolivia (2012, background): “Chang and Caudill (2005), analyzing Taiwan for the period 1962-1998, find unidirectional causality running from financial development to growth, highlighting the importance of financial development in Taiwan’s growth, particularly during the 1990s.”
• Causality between financial development and economic growth: an application of vector error correction and variance decomposition methods to Saudi Arabia (2009, background): “…such as McKinnon (1973), King and Levine (1993a, b), Neusser and Kugler (1998), Darrat (1999), Levine, Loayza and Beck (2000), Fase and Abma (2003), Christtopoulos and Tsionas (2004), Chang and Caudill (2005), Rousseau and Vuthipadadorn (2005), among others, support the supply-leading hypothesis.”
• Does financial development affect growth? (2009, methodology): “Finally, Chang and Caudill (2005) provide mixed support to the hypothesis that financial development leads economic growth for Taiwan. In this article, we use annual panel data for 30 developing countries and utilize recently developed methods-of-moments techniques for dynamic models, which attempt ”