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Dergiler / Uluslararası Yönetim İktisat ve İşletme Dergisi / 2017 / Cilt: 13 - Sayı: 13

FİNANSAL GELİŞMİŞLİK, ULUSLARARASI FİNANSAL BÜTÜNLEŞME VE KURUMSAL KALİTE: YÜKSELEN PİYASA EKONOMİLERİ İÇİN BİR EŞBÜTÜNLEŞME ANALİZİ

FINANCIAL DEVELOPMENT, INTERNATIONAL FINANCIAL INTEGRATION AND INSTITUTIONAL QUALITY: COINTEGRATION ANALYSIS FOR EMEGING MARKET ECONOMIES

Ayşegül GÜLLÜ
Zühal KURUL
Sayfa
697–706
Yayın Tarihi
2017-12-01
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Our results confirm the bidirectional causal relationship between financial development and international financial integration.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:This paper investigates the dynamic relationship between financial development, international financial integration and institutional quality in emerging countries.
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Temel Bulgular & Veri:We employ panel cointegration tests for a panel of 18 emerging economies over the period of 1985-2014 by controlling for cross sectional dependency and structural breaks.
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Sonuç & Katkı:Our results confirm the bidirectional causal relationship between financial development and international financial integration.
🔬Tür:Araştırma Makalesi
📍Kapsam:2014 Verileri
⚙️Değişkenler:Finansal Gelişmişlik · Uluslararası Finansal Bütünleşme · Kurumsal Kalite

Özet

This paper investigates the dynamic relationship between financial development, international financial integration and institutional quality in emerging countries. We employ panel cointegration tests for a panel of 18 emerging economies over the period of 1985-2014 by controlling for cross sectional dependency and structural breaks. The results of this study show that there is a long run cointegration relationship between financial development, international financial integration and institutional quality. We also use the panel causality approach for determining the causal links between variables that are interested. Our results confirm the bidirectional causal relationship between financial development and international financial integration.

Abstract

This paper investigates the dynamic relationship between financial development, international financial integration and institutional quality in emerging countries. We employ panel cointegration tests for a panel of 18 emerging economies over the period of 1985-2014 by controlling for cross sectional dependency and structural breaks. The results of this study show that there is a long run cointegration relationship between financial development, international financial integration and institutional quality. We also use the panel causality approach for determining the causal links between variables that are interested. Our results confirm the bidirectional causal relationship between financial development and international financial integration

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Bu Makaleye Atıf Yap

GÜLLÜ, A., KURUL, Z. (2017). FİNANSAL GELİŞMİŞLİK, ULUSLARARASI FİNANSAL BÜTÜNLEŞME VE KURUMSAL KALİTE: YÜKSELEN PİYASA EKONOMİLERİ İÇİN BİR EŞBÜTÜNLEŞME ANALİZİ. Uluslararası Yönetim İktisat ve İşletme Dergisi, Cilt: 13 - Sayı: 13, 697–706. https://ajindex.com/articles/170162

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Kaynakça (15)

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