International Journal of Research in Business and Social Science

International Journal of Research in Business and Social Science

The convergence of financial sector in Asia

Yazarlar: Maria Pinita Angelia, Rudi Purwono

Cilt 10 , Sayı 6 , 2021 , Sayfalar 166-173

Konular:-

Anahtar Kelimeler:Convergence,Financial Sector Development,Stock market,Generalized method of moment

Özet: This study aims to identify the convergence of financial sector development and the effect of macroeconomic variables on each financial sector development indicator in Asia. The sample used consists of 24 countries in Asia during the period 2010-2018. Identification of convergence using ?-convergence absolute and conditional. Indicators are used to represent the development of the financial sector namely private credit, liquid liabilities, stock market capitalization, and stock market turnover. Empirical evidence was based on the Generalized Method of Moment (GMM) estimation technique. The results showed that there was convergence in Asia and that macroeconomic variables had a significant effect on the development of the financial sector.


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BibTex
KOPYALA
@article{2021, title={The convergence of financial sector in Asia}, volume={10}, number={166–173}, publisher={International Journal of Research in Business and Social Science}, author={Maria Pinita Angelia,Rudi Purwono}, year={2021} }
APA
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Maria Pinita Angelia,Rudi Purwono. (2021). The convergence of financial sector in Asia (Vol. 10). Vol. 10. International Journal of Research in Business and Social Science.
MLA
KOPYALA
Maria Pinita Angelia,Rudi Purwono. The Convergence of Financial Sector in Asia. no. 166–173, International Journal of Research in Business and Social Science, 2021.