NON-BANK FINANCIAL INTERMEDIARIES (NBFIS) AND ECONOMIC GROWTH IN MALAYSIA: AN APPLICATION OF THE ARDL BOUNDS TESTING APPROACH TO COINTEGRATION
This paper empirically examines the impact of Non-bank financial intermediaries (NBFIs) on economic growth in Malaysia using the time series data for the period 1976-2004. We employ a recently developed autoregressive distributed lag (ARDL) bounds testing approach to cointegration suggested by Pes...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universitas Muhammadiyah Yogyakarta
2007-10-01
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Series: | Jurnal Ekonomi & Studi Pembangunan |
Subjects: | |
Online Access: | https://journal.umy.ac.id/index.php/esp/article/view/1515 |