Do Transparency and Anti-Monopoly Policies Matter for Financial Development? Evidence from a Panel ARDL-PMG Approach

Do Transparency and Anti-Monopoly Policies Matter for Financial Development? Evidence from a Panel ARDL-PMG Approach

We examine the effect of macroeconomic stability, transparent government policies, and anti-monopoly policies on financial market development using extensive panel data of 113 countries over the period 2007 to 2017. By applying ARDL-PMG and controlling for GDP, trade openness, and market size, our f...

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Bibliographic Details
Main Authors: Zhang Shaohua, Farzan Yahya, Huy Pham, Muhammad Waqas
Format: Article
Language:English
Published: Taylor & Francis Group 2021-01-01
Series:Journal of Applied Economics
Subjects:
macroeconomic stability
anti-monopoly policies
transparency policies
financial market development
panel data analysis
pmg estimator
Online Access:http://dx.doi.org/10.1080/15140326.2020.1838113

Internet

http://dx.doi.org/10.1080/15140326.2020.1838113

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