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Do Financial Development and Inflation Influences Malaysia Economic Growth? An Application of Bound Test
2018
International Journal of Academic Research in Business and Social Sciences
It is generally thought that there is a negative long-term relationship between inflation and growth and a positive long-term relationship between financial development and growth. The existing empirical literature suggests that the finance-growth relationship is more robust than the inflation-growth relationship. This paper empirically examines the short and long run inflation led growth nexus as well as finance led growth nexus during the period ranging from 1985 up to 2010 by using time
doi:10.6007/ijarbss/v8-i1/3800
fatcat:sssxdydpd5gr5g7sybhl27tyge