{"title":"保险业发展、银行业发展和经济增长的动态:来自20国集团国家的证据","authors":"Rudra Prakash Pradhan , Sahar Bahmani , Marepalli Uday Kiran","doi":"10.1016/j.gemrev.2015.05.001","DOIUrl":null,"url":null,"abstract":"<div><p>This paper examines the mutual relationship between banking sector development, insurance sector development, and economic growth in the G-20 countries between 1980 and 2012. Our results demonstrate that there is a long-run equilibrium relationship between these three variables. We then use a panel vector auto-regression model to reveal the nature of Granger causality among these three variables. As expected, we find that both banking sector development and economic growth Granger cause insurance sector development.</p></div>","PeriodicalId":100585,"journal":{"name":"Global Economics and Management Review","volume":"19 1","pages":"Pages 16-25"},"PeriodicalIF":0.0000,"publicationDate":"2014-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.gemrev.2015.05.001","citationCount":"19","resultStr":"{\"title\":\"The dynamics of insurance sector development, banking sector development and economic growth: Evidence from G-20 countries\",\"authors\":\"Rudra Prakash Pradhan , Sahar Bahmani , Marepalli Uday Kiran\",\"doi\":\"10.1016/j.gemrev.2015.05.001\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>This paper examines the mutual relationship between banking sector development, insurance sector development, and economic growth in the G-20 countries between 1980 and 2012. Our results demonstrate that there is a long-run equilibrium relationship between these three variables. We then use a panel vector auto-regression model to reveal the nature of Granger causality among these three variables. As expected, we find that both banking sector development and economic growth Granger cause insurance sector development.</p></div>\",\"PeriodicalId\":100585,\"journal\":{\"name\":\"Global Economics and Management Review\",\"volume\":\"19 1\",\"pages\":\"Pages 16-25\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2014-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1016/j.gemrev.2015.05.001\",\"citationCount\":\"19\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Global Economics and Management Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2340154015000055\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Economics and Management Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2340154015000055","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The dynamics of insurance sector development, banking sector development and economic growth: Evidence from G-20 countries
This paper examines the mutual relationship between banking sector development, insurance sector development, and economic growth in the G-20 countries between 1980 and 2012. Our results demonstrate that there is a long-run equilibrium relationship between these three variables. We then use a panel vector auto-regression model to reveal the nature of Granger causality among these three variables. As expected, we find that both banking sector development and economic growth Granger cause insurance sector development.