Using Factor Analysis for studying the relationship between Financial Sector Development and Economic Growth


Abstract in English

this study aimed to use derived indicators for development of financial system by using factor analysis to fully understand the level of financial development in Syria and it's relationship with the economic growth.

References used

Aghion P, Mayer Hewitt P, et -Foulkes D. (2005), The Effect of Financial Development on Convergence : Theory and Evidence, Quarterly Journal of Economics, Volume 120, Issue 1, pp 173-222. Ali, H. (2007), Répression Financière, Développement Financier et Croissance, Thèse de Doctorat, Université d’Aix-Marseille II
Beck T et Levine R. (2004), Stock Markets, Banks, and Growth : Panel Evidence, Journal of Banking and Finance, 28, pp 423-442
Christopoulosa D. K et Tsionasb E. G. (2004), Financial Development and Economic Growth: Evidence From Panel Unit Root and Cointegration Tests, Journal of Development Economics, Volume 73, pp 55– 74

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