Innovation, financial development and economic growth in Eurozone countries

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dc.contributor.author Pradhan, Rudra P.
dc.contributor.author Arvin, Mak B.
dc.contributor.author Hall, J.H. (John Henry)
dc.contributor.author Nair, Mahendhiran
dc.date.accessioned 2016-10-21T07:29:10Z
dc.date.issued 2016-11
dc.description.abstract Using a panel vector auto-regressive model, we study interactions between innovation, financial development and economic growth in 18 Eurozone countries between 1961 and 2013. We focus on whether causality runs between these variables both ways, one way, the other way or not at all. Our empirical results show that development of the financial sector and enhanced innovative capacity in the Eurozone contribute to longterm economic growth in the countries in the region. en_ZA
dc.description.department Financial Management en_ZA
dc.description.embargo 2018-05-31
dc.description.librarian hb2016 en_ZA
dc.description.uri http://www.tandfonline.com/loi/rael20 en_ZA
dc.identifier.citation Rudra P. Pradhan, Mak B. Arvin, John H. Hall & Mahendhiran Nair (2016) Innovation, financial development and economic growth in Eurozone countries, Applied Economics Letters, 23:16, 1141-1144, DOI: 10.1080/13504851.2016.1139668. en_ZA
dc.identifier.issn 1350-4851 (print)
dc.identifier.issn 1466-4291 (online)
dc.identifier.other 10.1080/13504851.2016.1139668
dc.identifier.uri http://hdl.handle.net/2263/57404
dc.language.iso en en_ZA
dc.publisher Routledge en_ZA
dc.rights © 2016 Informa UK Limited, trading as Taylor & Francis Group. This is an electronic version of an article published in Applied Economics Letters, vol. 23, no. 16, pp. 1141-1144, 2016. doi : 10.1080/13504851.2016.1139668. Applied Economics Letters is available online at : http://www.tandfonline.com/loi/rael20. en_ZA
dc.subject Innovation en_ZA
dc.subject Financial development en_ZA
dc.subject Economic growth en_ZA
dc.subject Granger causality en_ZA
dc.subject Eurozone countries en_ZA
dc.title Innovation, financial development and economic growth in Eurozone countries en_ZA
dc.type Postprint Article en_ZA


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