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...

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Bibliographic Details
Main Authors: Mohd Aminul Islam, Dato’ Jamil Bin Hj. Osman
Format: Article
Language:English
Published: Universitas Muhammadiyah Yogyakarta 2007-10-01
Series:Jurnal Ekonomi & Studi Pembangunan
Subjects:
Online Access:https://journal.umy.ac.id/index.php/esp/article/view/1515