Theoretical and Applied Economics
No. 4 / 2018 (617), Winter
Does financial sector affect economic development in ASEAN during 2010-2016?
Sriwijaya University, Palembang, Indonesia
Didik SUSETYO
Sriwijaya University, Palembang, Indonesia
Dr. AZWARDI
Sriwijaya University, Palembang, Indonesia
Abstract. The objective of this paper is to examine the impact of financial development using domestic credits to private sector, government spending and net exports on GDP in ASEAN during 2010-2016. Total observation of seventy data are being used to form the panel regression method using fixed effect model. The secondary data is obtained from World Bank and Asian Development Bank. The results of this paper are domestic credits to private sector and government spending are positively and significantly affect GDP while net exports is negatively and significantly affect GDP.
Keywords: financial sectors, ASEAN, domestic credits to private sector, government spending, net exports, economic growth.
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Contents
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- Study of population by domicile and residence.
Natural movement and imbalances
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Sorinel CĂPUȘNEANU
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are they worth the effort?
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Maria-Andrada GEORGESCU
Maria BONEA
- Institutionalized social technologies index:
A global perspective
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Qazi Masood AHMED
- Sustainability and efficiency
of microfinance institutions in South Asia
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S. SARAVANAN
- A revisited causality analysis of Okun’s Law:
The case of Turkey
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Suleyman YURTKURAN
Adem KALCA
- Tax smoothing hypothesis:
The Tunisian case
Samia OMRANE BELGUITH
Foued Badr GABSI
Ameni MTIBAA
- The importance of efficiency for life insurer profit:
A study of Canadian life insurance companies
William WISE
- Does financial sector affect economic development
in ASEAN during 2010-2016?
Novelia SUSANTI
Didik SUSETYO
Dr. AZWARDI
- Do remittances really attract foreign direct investments?
Evidence from panel cointegration
Mercy Laita PALAMULENI
- The effect of credit default swap premiums on developing
markets’ economies: The case of exchange rates
Yunus AÇCI
Selim KAYHAN
Tayfur BAYAT
