Innovation, financial development and economic growth in Eurozone countries

dc.contributor.authorPradhan, Rudra P.
dc.contributor.authorArvin, Mak B.
dc.contributor.authorHall, J.H. (John Henry)
dc.contributor.authorNair, Mahendhiran
dc.date.accessioned2016-10-21T07:29:10Z
dc.date.issued2016-11
dc.description.abstractUsing 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.departmentFinancial Managementen_ZA
dc.description.embargo2018-05-31
dc.description.librarianhb2016en_ZA
dc.description.urihttp://www.tandfonline.com/loi/rael20en_ZA
dc.identifier.citationRudra 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.issn1350-4851 (print)
dc.identifier.issn1466-4291 (online)
dc.identifier.other10.1080/13504851.2016.1139668
dc.identifier.urihttp://hdl.handle.net/2263/57404
dc.language.isoenen_ZA
dc.publisherRoutledgeen_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.subjectInnovationen_ZA
dc.subjectFinancial developmenten_ZA
dc.subjectEconomic growthen_ZA
dc.subjectGranger causalityen_ZA
dc.subjectEurozone countriesen_ZA
dc.titleInnovation, financial development and economic growth in Eurozone countriesen_ZA
dc.typePostprint Articleen_ZA

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