...Gabriel Caldas Montes; Vitor Manuel Araújo da Fonseca Purpose This study aims to analyze the impact of financial development (FD) on consumption. The authors investigate the individual effects of the development of financial institutions (FI) and financial markets (FM) on consumption, since...

...Dmitry Shevchenko; Weili Zhao; Qiyang Guo Purpose The purpose of this study is to probe into the influence mechanism of financial opening onto industrial restructuring from the prism of financial development and examine the role of the credit market, capital market and currency market...

...Papar Kananurak; Aeggarchat Sirisankanan Purpose There are several different factors that can influence self-employment. However, there is little evidence stemming from direct examination of the impact of financial development (FD) on self-employment. This study aims to formulate empirical...

...Magda Kandil; Muhammad Shahbaz; Mantu Kumar Mahalik; Duc Khuong Nguyen Purpose Using annual data from 1970 to 2013 for China and India, this paper aims to examine the impact of globalization and financial development on economic growth by endogenizing capital and inflation and drawing comparisons...

...Muhammad Shahbaz; Mohammad Mafizur Rahman Purpose – This paper aims to explore the relationship between exports, financial development and economic growth in case of Pakistan. Design/methodology/approach – The autoregressive distributed lag bounds testing approach to cointegration and error...