Business and Economic Horizons
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| Volume | 8 |
| Issue | 2 |
| Online publication date | 2012-12-15 |
| Title | Trade liberalization, financial development and economic growth in the long term: The case of Iran |
| Author | Mohammad Nabi Shahiki Tash, Zahra Sheidaei |
| Abstract | This study seeks to empirically examine the joint impact of trade liberalization and financial development on economic growth in Iran, using endogenous growth theory during the period 1966-2010. In this article principal component analysis is applied to make better indexes for trade liberalization, financial development and the joint effects of both. The empirical findings obtained from Johansen co-integration procedure signify a positive relationship between trade liberalization, financial development and the joint impact on economic growth in Iran. |
| Citation | |
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| Keywords | Trade liberalization, financial development, economic growth |
| DOI | http://dx.doi.org/10.15208/beh.2012.9 |
| Pages | 33-45 |
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