Nexus between financial innovation and economic growth in South Asia: evidence from ARDL and nonlinear ARDL approaches

Abstract This study examined the relationship between financial innovation and economic growth in Bangladesh, India, Pakistan, and Sri Lanka for the period Q1 1975 to Q4 2016. The autoregressive distributed lag (ARDL) bounds test was used to gauge long-run relationships, and the nonlinear ARDL (NARD...

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Bibliographic Details
Main Authors: Md. Qamruzzaman, Wei Jianguo
Format: Article
Language:English
Published: SpringerOpen 2018-09-01
Series:Financial Innovation
Subjects:
JEL
O52
Online Access:http://link.springer.com/article/10.1186/s40854-018-0103-3