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Substitution or complementary effects between banking and stock markets: Evidence from financial openness in Taiwan
16 references·16 citing·29 second hopsampled
Substitution or complementary effects between banking and stock markets: Evidence from financial openness in Taiwan (2012)Substitution or complementary effects bet…Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis (2002)Further Evidence on the Great…Financial intermediation and growth: Causality and causes (2000)Financial intermediation and …Finance and the sources of growth (2000)Finance and the sources of gr…Stock Markets, Banks, and Economic Growth (1999)Stock Markets, Banks, and Eco…Stock Markets, Banks, and Economic Growth (1996)Stock Markets, Banks, and Eco…Residual-based tests for cointegration in models with regime shifts (1996)Residual-based tests for coin…Finance and Growth: Schumpeter Might Be Right (1993)Finance and Growth: Schumpete…A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics1 (1992)A Note with Quantiles of the …Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)MAXIMUM LIKELIHOOD ESTIMATION…Financial Development, Growth, and the Distribution of Income (1990)Financial Development, Growth…Financial Development, Growth, and the Distribution of Income (1989)Financial Development, Growth…Statistical analysis of cointegration vectors (1988)Statistical analysis of coint…Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Co-Integration and Error Corr…Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Likelihood Ratio Statistics f…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Distribution of the Estimator…Financial openness and financial market development (2023)Financial openness and financ…Openness, financial structure, and bank risk: International evidence (2022)Openness, financial structure…Innovation, financial development, and growth: evidences from industrial and emerging countries (2021)Innovation, financial develop…Financial inclusion in China: an overview (2021)Financial inclusion in China:…Financial development, life insurance and growth: Evidence from 17 European countries (2021)Financial development, life i…Unveiling the causal relationships among banking competition, stock and insurance market development, and economic growth in Europe (2020)Unveiling the causal relation…The impact of financial development, political institutions, and urbanization on environmental degradation: evidence from 59 less-developed economies (2020)The impact of financial devel…The dynamics of bond market development, stock market development and economic growth (2019)The dynamics of bond market d…Finance-growth nexus: Islamic finance development in Indonesia (2019)Finance-growth nexus: Islamic…Macroeconomic determinants of stock market development in South Africa (2018)Macroeconomic determinants of…THE NEXUS BETWEEN ECONOMIC GROWTH, STOCK MARKET DEPTH, TRADE OPENNESS, AND FOREIGN DIRECT INVESTMENT: THE CASE OF ASEAN COUNTRIES (2017)THE NEXUS BETWEEN ECONOMIC GR…Financial Development and Economic Growth Nexus: A Revisionist Approach (2017)Financial Development and Eco…Determinants of stock market development: a review of the literature (2017)Determinants of stock market …The dynamics of economic growth, oil prices, stock market depth, and other macroeconomic variables: Evidence from the G-20 countries (2015)The dynamics of economic grow…The dynamics of banking sector and stock market maturity and the performance of Asian economies (2014)The dynamics of banking secto…Banking sector development and economic growth in ARF countries: the role of stock markets (2014)Banking sector development an…Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models (1991)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)Likelihood-Based Inference in Cointegrated Vector Autoregressive Models (1995)A Monetary History of the United States 1867-1960 (1964)Time Series Analysis Forecasting and Control. (1971)Time Series Analysis: Forecasting and Control (1977)Testing for a Unit Root in Time Series Regression (1988)Bounds testing approaches to the analysis of level relationships (2001)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)The saving and investment nexus for China: evidence from cointegration tests (2005)Introductory Econometrics for Finance (2008)On the mechanics of economic development (1988)A Contribution to the Empirics of Economic Growth (1992)Financial Dependence and Growth (1996)Africa's Growth Tragedy: Policies and Ethnic Divisions (1997)Does Social Capital Have an Economic Payoff? A Cross-Country Investigation (1997)The Theory of Economic Development (2003)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)PANEL COINTEGRATION: ASYMPTOTIC AND FINITE SAMPLE PROPERTIES OF POOLED TIME SERIES TESTS WITH AN APPLICATION TO THE PPP HYPOTHESIS (2004)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)The Economic Consequences of Legal Origins (2008)Unit root tests in panel data: asymptotic and finite-sample properties (2002)Finance and Growth: Theory and Evidence (2004)Law, finance, and economic growth in China (2005)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Higher market valuation of companies with a small board of directors (1996)A Survey of Corporate Governance (1997)
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References

  • 1987Co-Integration and Error Correction: Representation, Estimation, and Testing31,983 cited
  • 1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root23,183 cited
  • 1988Statistical analysis of cointegration vectors17,038 cited
  • 1981Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root14,647 cited
  • 1990MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY14,047 cited
  • 1993Finance and Growth: Schumpeter Might Be Right8,651 cited
  • 2002Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis5,745 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 2000Financial intermediation and growth: Causality and causes4,411 cited
  • 1996Stock Markets, Banks, and Economic Growth3,889 cited
  • 2000Finance and the sources of growth3,709 cited
  • 1999Stock Markets, Banks, and Economic Growth2,881 cited
  • 1992A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics12,570 cited
  • 1996Residual-based tests for cointegration in models with regime shifts2,521 cited
  • 1990Financial Development, Growth, and the Distribution of Income

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2,466 cited
  • 1989Financial Development, Growth, and the Distribution of Income2,450 cited
  • Cited by

    • 2020The impact of financial development, political institutions, and urbanization on environmental degradation: evidence from 59 less-developed economies101 cited
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    • 2015The dynamics of economic growth, oil prices, stock market depth, and other macroeconomic variables: Evidence from the G-20 countries90 cited
    • 2021Financial inclusion in China: an overview80 cited
    • 2019Finance-growth nexus: Islamic finance development in Indonesia55 cited
    • 2017Financial Development and Economic Growth Nexus: A Revisionist Approach49 cited
    • 2014The dynamics of banking sector and stock market maturity and the performance of Asian economies47 cited
    • 2018Macroeconomic determinants of stock market development in South Africa47 cited
    • 2020Unveiling the causal relationships among banking competition, stock and insurance market development, and economic growth in Europe47 cited
    • 2017THE NEXUS BETWEEN ECONOMIC GROWTH, STOCK MARKET DEPTH, TRADE OPENNESS, AND FOREIGN DIRECT INVESTMENT: THE CASE OF ASEAN COUNTRIES43 cited
    • 2022Openness, financial structure, and bank risk: International evidence40 cited
    • 2019The dynamics of bond market development, stock market development and economic growth35 cited
    • 2023Financial openness and financial market development25 cited
    • 2021Financial development, life insurance and growth: Evidence from 17 European countries20 cited
    • 2021Innovation, financial development, and growth: evidences from industrial and emerging countries19 cited
    • 2014Banking sector development and economic growth in ARF countries: the role of stock markets17 cited