Financial development and economic growth in India: 1970–1971 to 1998–1999

Bhattacharya, Prabir C.; M.N.Sivasubramanian, [No Value]

doi:10.1080/0960310032000129590

Cited by 60 publications

(26 citation statements)

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“…Hondroyiannis et al (2005), while examining the relationship between the development of the banking system and the stock market and economic performance in Greece, using VAR models, find that there exists a bidirectional causality between finance and growth in the long run. Other empirical studies, whose findings are consistent with the finance-led growth hypothesis, include those of Jung (1986), Spears (1992), King and Levine (1993), Odedokun (1996), Ahmed and Ansari (1998), Ghali (1999), Xu (2000), Jalilian and Kirkpatrick (2002), Calderon and Lin (2003), Bhattacharya and Sivasubramanian (2003), Suleiman and Abu-Qaun (2008), and more recently, Habibullah and Eng (2006), amongst others.…”

Section: Literature Reviewmentioning

confidence: 80%

Finance-investment-growth nexus in South Africa: an ARDL-bounds testing procedure

Odhiambo

2010

Econ Change Restruct

140

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Section: Literature Reviewmentioning

confidence: 80%

Finance-investment-growth nexus in South Africa: an ARDL-bounds testing procedure

Odhiambo

2010

Econ Change Restruct

140

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“…They conclude that there is a causal relationship that runs from finance to growth. 78 For India, Bhattacharya and Sivasubramanian (2003) examine the relationship between financial development as measured by M3 and economic growth. Roubini and Sala-i-Martin (1992) take a different research approach.…”

Section: Financial Liberalization Financial Development and Growthmentioning

confidence: 99%

Banking Sector Liberalization in India

Roland

2008

Contributions to Economics

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“…The importance of financial systems for economic development is well recognized worldwide [30,36,35,41] as well as in India [44,9]. Banks are considered to be the mart of the world, the nerve centre of economies and finance of a nation and the barometer of its economic perspective [51].…”

Section: Introductionmentioning

confidence: 99%

Market Concentration and Efficiency of Indian Commercial Banks

Anantharaman¹

2017

AJTAB

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Abstract:The Indian banking industry is going through a period of intense change, where liberalized business environment has affected the banking business by way of increasing competition, rising customer expectations, shrinking spreads and increasing disintermediation. Ongoing changes in the structure of Indian banking are clearly visible. This paper investigates the levels and determinants of efficiency of schedule commercial banks of this vital sector of the Indian economy by using firmlevel data. For this purpose, a two stage data envelopment analysis has been used. In the first stage, super technical efficiency analysis of 89 sample firms has been undertaken. This study specifies two outputs: total loans and other earning assets and three inputs: labour, fixed capital and total customers and short term funding and the prices are personnel expenses to average number of personnel for labour, total capital expenses to total fixed assets for fixed capital and interest expenses to average total customers and short term funding for the years 1980-81 to 2012-13. In the second stage, the efficiency scores obtained from the first stage are regressed on external environmental factors like fiscal deficits, private investment and the share of foreign banks using a censored regression model, viz. Tobit model. In this context, the term environment is used to describe factors that could influence the efficiency of a firm, where such factors are not traditional inputs and are not under the control of management (17). The results confirm that the varying market condition and the presence of foreign banks will contribute positively to economic growth.

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Financial development and economic growth in India: 1970–1971 to 1998–1999

Cited by 60 publications

References 0 publications

Finance-investment-growth nexus in South Africa: an ARDL-bounds testing procedure

Finance-investment-growth nexus in South Africa: an ARDL-bounds testing procedure

Banking Sector Liberalization in India

Market Concentration and Efficiency of Indian Commercial Banks

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