1. IR@IIMC
  2. DECISION (IIMC Official Journal)
  3. 2013, Volume 40
  4. Issue 1 & 2, June-September 2013
Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3048
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dc.contributor.authorPradhan, Rudra Prakash
dc.contributor.authorMukhopadhyay, Bidisha
dc.contributor.authorGunashekar, Aadra
dc.contributor.authorSamadhan, Bele
dc.contributor.authorPandey, Shashikant
dc.date.accessioned2021-08-27T07:40:44Z
dc.date.available2021-08-27T07:40:44Z
dc.date.issued2013-11
dc.identifier.issn0304-0941 (print version) ; 2197-1722 (electronic version)
dc.identifier.urihttps://doi.org/10.1007/s40622-013-0011-3
dc.identifier.urihttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/3048
dc.descriptionRudra P. Pradhan, Bidisha Mukhopadhyay & Shashikant Pandey, Vinod Gupta School of Management, IIT Kharagpur, Kharagpur, 721 302, West Bengal, India; Aadra Gunashekar, Department of Food & Agricultural Engineering, IIT Kharagpur, Kharagpur, India; Bele Samadhan, RCG School of Infrastructure Design and Management, IIT Kharagpur, Kharagpur, India
dc.descriptionp.69-83
dc.descriptionIssue Editor – Bhaskar Chakrabarti, IIM Calcutta, Kolkata, India
dc.description.abstractThe paper investigates the causal nexus among financial development, social development, and economic growth for 15 Asian countries for the period 1961–2011. Using the Granger causality test, both at the individual country and at the panel settings, the results suggest that (1) financial development and social development generally lead to economic growth; (2) the Granger causality from financial development to economic growth and from economic growth to financial development coexists; (3) the Granger causality from social development to economic growth and from economic growth to social development coexists; and (4) the Granger causality from financial development to social development and from social development to financial development coexists. The findings are, however, not uniform; it varies from country to country and from region to region.
dc.publisherIndian Institute of Management Calcutta, Kolkata
dc.relation.ispartofseriesVol.40;No.1-2
dc.subjectFinancial development
dc.subjectSocial development
dc.subjectEconomic growth
dc.subjectAsia
dc.titleFinancial development, social development, and economic growth: the causal nexus in Asia
dc.typeArticle
Appears in Collections:Issue 1 & 2, June-September 2013

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