Sentence examples for component of financial development from inspiring English sources

These results as well collaborates with the findings of a study carried out by Beck et al. (2000) on the impact of financial development on economic growth in which it was discovered that there exist a positive link between the exogenous component of financial development and economic growth.

Greater financial openness, when accompanied by a high level of financial development, reduces output volatility.

Within domestic financial systems, different aspects of financial development tend to go forward together.

First, the US can be considered as a benchmark case of financial development and participation in financial markets.

The interest in considering initial levels of financial development arises because the findings of Asongu et al. (2016) were based on the average values of financial development.

As measures of financial development we use three variables that are widely used in the literature as proxies for financial development.

We use the level of financial development as another measure of the accessibility of bank loans.

Measures of financial development and inflation are all extracted from the World Development Indicators (WDI) of the World Bank.

This is principally because the level of financial development and liberalization is not uniform among countries.

In total we run 6 regressions, 2 for each measure of financial development.

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