The Impact of Financial Integration on Growth-Volatility Relationship a A Reapraisal

The Impact of Financial Integration on Growth-Volatility Relationship a A Reapraisal

John Dogbey

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James K. Dogbey

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University of Nebraska at Omaha

The Impact of Financial Integration on Growth-Volatility Relationship a A Reapraisal

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Abstract

A plethora of studies have been done on the effect of trade and financial integration on growth-volatility relationship. One of the key findings has been that, trade integration and financial integration weaken growth-volatility relationship. Trade integration is empirically found to positively affect growth significantly but results were less robust for financial integration. This paper finds that, by controlling for some key variables in addition to the variables used in the literature, as well as using alternate classifications and extending the data slightly the coefficient of financial integration is also positive and robust and hence weakens growth-volatility relationship. However, results for trade integration become insignificant after controlling for these crucial variables.

References

11 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

John Dogbey. 2016. \u201cThe Impact of Financial Integration on Growth-Volatility Relationship a A Reapraisal\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C1).

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GJMBR Volume 16 Issue C1

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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Classification

GJMBR-C Classification JEL Code: E51

F34

G01

G15

Submission ReceivedDecember 9, 2015
Peer Review Double Blind
Handling Editor
Accepted January 2, 2016
Published January 15, 2016

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v1.2

Issue date

February 9, 2016

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Article Matrices

Total Score: 132

Country: United States

Subject: Global Journal of Management and Business Research - C: Finance

Authors: John Dogbey, James K. Dogbey (PhD/Dr. count: 0)

View Count (all-time): 166

Total Views (Real + Logic): 4281

Total Downloads (simulated): 2124

Publish Date: 2016 02, Tue

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Total Views: 4281

Total Downloads: 2124

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