Have a personal or library account? Click to login
Financial Reforms and Industrial Sector Growth: Bound Testing Analysis for Pakistan Cover

Financial Reforms and Industrial Sector Growth: Bound Testing Analysis for Pakistan

By: Shahida Wizarat and  Qazi Hye  
Open Access
|Jun 2011

References

  1. Arphasil, P (2001). "Financial Liberalization and Financial Crisis: The Case of Thailand". In Masayoshi Tsurumi (Eds), Financial Big Bang in Asia. Aldershot, Ashgate Publishing Limited: pp.167-189.
  2. Barro, R (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 106:407-443.
  3. Behrman, J., Birdsall, N and Pettersson, G (2009). "Schooling Inequality, Crises, and Financial Liberalization in Latin America". Center for Global Development Working Paper No. 165.10.2139/ssrn.1367217
  4. Buffie, E.F. (1984). Financial Repression, the New Structuralists, and Stabilization Policy in Semi-industrialized Economies. Journal of Development Economics, 14:305-322.
  5. Demirgucs-Kunt, A and Enrica, D (2001). Financial Liberalization and Financial Fragility. In Gerald Caprio, Patrick Honohan and Joseph E. Stiglitz (Eds.), Financial Liberalization: How Far, How Fast? Cambridge, Cambridge University Press.
  6. Engle, R.F and, C.W.J Granger (1987). Cointegration and Error Correction: Representation, Estimation and Testing. Econometrica, 55(2): 251-276.
  7. Goldberg, L.S (2007). Financial Sector FDI and Host Countries: New and old Lessons. FRBNY Economic Policy Review, 13(1): 1-17.
  8. Goldsmith, R.W (1969). Financial Structure and Development. New Haven, Yale University Press.
  9. Gregory, A.W and Hansen, B.E (1996). Residual Based Tests for Cointegration in Models with Regime Shifts. Journal of Econometrics, 70: 99-126.
  10. Hicks, J (1969). A Theory of Economic Growth. Oxford Clarendon Press.
  11. Hye, Q.M.A and Wizarat, S (2010). Financial Liberalization Index for Pakistan. International Review of Applied Financial Issues and Economics, to be published in forthcoming issue.
  12. Jappelli and Pagano, M (1994). Saving, Growth and Liquidity Constraints. Quarterly Journal of Economics, 109: 83-109.
  13. Johansen, S. (1991). Estimation and Hypothesis Testing of Cointegration Vectors in the Presence of Linear Trend. Econometrica, 59: 1551-1580.
  14. Johansen, S. (1995). A Statistical Analysis of I (2) Variables. Econometric Theory, 11: 25-59.
  15. Khan, M.A and Qayyum, A (2006). Trade Liberalization, Financial Sector Reforms and Growth. Available on http://mpra.ub.unimuenchen.de/2655/1/MPRA_paper_2655.pdf
  16. La Porta, R., Lopez-de-Silanes, F and Shleifer, A (2002). "Government Ownership of Banks". Journal of Finance, 57(1): 265-301.10.1111/1540-6261.00422
  17. Levine, R (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35: 688-726.
  18. Levine, R. and Beck, T (2000). "Financial Intermediation and Growth: Causality and Causes". Journal of Monetary Economics, 46(1): 31-77.10.1016/S0304-3932(00)00017-9
  19. Lewis, W. A. (1955). The Theory of Economic Growth. London, George Allen and Unwin Ltd.
  20. Lucas, R.E. Jr. (1988). On the Mechanics of Economic Development. Journal of Monetary Economics, 22: 3-42.
  21. McKinnon, R.I (1973). Money and Capital in Economic Development. Washington DC, Brooking Institution.
  22. Mete, F (2007). Financial Liberalization and currency Crises: The Case of Turkey. Available at: http://findarticles.com/p/articles/mi_qa5415/is_200704/ai_n21290633
  23. Pesaran, M.H and Bahram, P (1997). Working With Microfit 4.0: Interactive Econometric Analysis. Oxford University Press.
  24. Pesaran, M.H., Shin, Y and Smith, R.J (2001). Bound Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16:289-326.
  25. Phillips and Hansen (1990). Statistical Inference in Instrumental Variables Regression with I (1) Process. Review of Economic Studies, 57: 99-125.
  26. Phillips, P.C and, P. Perron. (1988). Testing for a Unit Root in a Time Series Regression. Biometrica, 75: 335-346.
  27. Robinson, J (1952). The Generalization of the General Theory and Other Essays. London, the McMillan Press Ltd.
  28. Romer, P.M (1986). Increasing Returns and Long-Run Growth. Journal of Political Economy, 94: 1002-1037.
  29. Schumpeter, J.A (1911). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and the Business Cycle. Translated and Reprinted 1961, New York: Oxford University Press.
  30. Schumpeter, J.A (1934). The Theory of Economic Development. Cambridge, MA, Harvard University Press.
  31. Shaw, E.S (1973). Financial Deepening in Economic Development. New York, Oxford University Press.
  32. Singh, A., Singh, A and Weisse, B (2003). "Corporate Governance, Competition, The New International Financial Architecture and Large Corporations in merging Markets". Publish in the Proceedings of the United Nations Conference On Trade and Development: 1-70
  33. Stiglitz, J (1994). Economic Growth Revisited. Industrial and Corporate Change, 3(1): 65-110.
  34. Thomas (2007). "Financial Sector Reforms and Manufacturing Growth in India: A Preliminary Analysis" Available on: http://www.igidr.ac.in/∼money/mfc_10/Jayan%20Jose%20Thomas_submission_69.pdf
  35. Tornell, A., Westermann, F and Martinez, L (2004). The Positive Link between Financial Liberalization, Growth and Crises. National Bureau of Economic Research Working Paper No. 10293 (February).10.3386/w10293
  36. Turner, P (2006). Response Surfaces for an F-test for Cointegration. Applied Economics Letters, 13: 479-482.
  37. Van, W. S (1982). Stagflationary Effects of Monetary Stabilization Policies. Journal of Development Economics, 10: 133-169.
  38. Wade, R (2001). From Miracle to Cronyism: Explaining the Great Asian Slump. In Chang, H., Palma, G and Whittaker, D.H (Eds), Financial Liberalization and the Asian Crisis. Hampshire and New York, Palgrave.10.1057/9780230518629_5
Language: English
Page range: 75 - 81
Published on: Jun 3, 2011
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2011 Shahida Wizarat, Qazi Hye, published by University of Sarajevo
This work is licensed under the Creative Commons License.

Volume 5 (2010): Issue 2 (November 2010)