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Autor
Sharma Anand (O. P. Jindal Global University, Sonipat, India), Sharma Vipin (University School of Business Chandigarh University, Mohali Punjab, India), Tokas Shekhar (Dr. B. R. Ambedkar University, Delhi, India)
Tytuł
Does Economic Freedom Promote Financial Development? Evidence from EU Countries
Źródło
Statistics in Transition, 2023, vol. 24, nr 3, s. 187-200, aneks, tab., bibliogr. 51 poz.
Słowa kluczowe
Wolność gospodarcza, Dane panelowe, Rozwój finansowy
Economic freedom, Panel data, Fnancial development
Uwagi
summ.
Firma/Organizacja
Unia Europejska (UE)
European Union (EU)
Kraj/Region
Kraje Unii Europejskiej
European Union countries
Abstrakt
This study empirically investigates the relationship between economic freedom and financial development in EU countries. Using panel data covering the years 2000 2017 and employing fixed effects, random effects, and the generalised method of moments (GMM), the paper examines the effect of economic freedom on financial development. The research results demonstrate that greater economic freedom is conducive to financial development in the EU. These findings remain robust to the use of an alternative index of economic freedom. The results imply that policies which promote economic freedom are likely to raise the level of a country's financial development. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka SGH im. Profesora Andrzeja Grodka
Pełny tekst
Pokaż
Bibliografia
Pokaż
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Cytowane przez
Pokaż
ISSN
1234-7655
Język
eng
URI / DOI
http://dx.doi.org/10.59170/stattrans-2023-043
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