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Erschienen in: Journal of Quantitative Economics 4/2019

21.03.2019 | Original Article

Evidence on Relationship Between Economic Growth and Financial Development of Selected Northern Indian States: Using Panel VEC Approach

verfasst von: Shravani Sharma, Supran Kumar Sharma

Erschienen in: Journal of Quantitative Economics | Ausgabe 4/2019

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Abstract

The financial sector components fundamentally include financial institutions, financial markets and other related instruments. The composition, level of superiority and relative importance of financial development differs considerably across different economies around the world and it also varies across regions within an economy. For a diverse country like India where differences in the policies of state affect the cross-state pattern of growth it becomes necessary to identify the association, if present between financial development and economic growth at the region level. Moreover, there is absence of quality research at the regional level and more specifically till date no comprehensive study has been carried out focusing on the North Indian region. Thus, the present endeavour is a first step forward towards identifying the aforesaid relationship by focusing on the selected northern states of India.

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Metadaten
Titel
Evidence on Relationship Between Economic Growth and Financial Development of Selected Northern Indian States: Using Panel VEC Approach
verfasst von
Shravani Sharma
Supran Kumar Sharma
Publikationsdatum
21.03.2019
Verlag
Springer India
Erschienen in
Journal of Quantitative Economics / Ausgabe 4/2019
Print ISSN: 0971-1554
Elektronische ISSN: 2364-1045
DOI
https://doi.org/10.1007/s40953-019-00156-0

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