Bank stocks inform higher growth – A System GMM analysis of ten emerging markets in Asia

Amit Mittal and Ajay Kumar Garg

MPRA Paper from University Library of Munich, Germany

Abstract: The paper aims to recover the critical role of banks in defining the relationship between Financial Development and growth. We hypothesize that Banks can positively motivate templatized GDP growth. A System GMM estimation of GDP growth in a sample of high growth emerging markets from Asia investigates if bank stocks contain information beyond the monetary and banking aggregates.

Keywords: Banks; Economic Growth; Asia; Emerging Markets; GMM system (search for similar items in EconPapers)
JEL-codes: C23 F02 F63 F65 G01 G14 G21 G28 G3 G30 (search for similar items in EconPapers)
Date: 2018-12-31
New Economics Papers: this item is included in nep-ban, nep-cfn, nep-fdg and nep-sea
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https://mpra.ub.uni-muenchen.de/98253/1/MPRA_paper_98253.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/100455/1/MPRA_paper_98253.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/100973/1/MPRA_paper_98253.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/101242/8/MPRA_paper_101242.pdf revised version (application/pdf)

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