Financial Development and Economic Growth: Empirical Evidence from High-Income Countries

DOI

10.2991/978-94-6463-158-6_8How to use a DOI?

Keywords

Financial Development; Economic Growth; Panel Data

Abstract

The purpose of this study will be to analyze financial development on economic growth high-income countries. This study uses the panel data with a fixed effect model approach. Data is secondary data starting from 1998–2019 sourced from the World Bank. The results showed that, domestic credit to private sector had a not significant effect on economic growth high-income countries, bank overhead costs had a not significant effect on economic growth high-income countries, net interest margin had a not significant effect on economic growth high-income countries, non-interest income has a significant effect on economic growth high-income countries, gross domestic savings has a significant effect on economic growth high-income countries.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Akmil Ikhsan
AU  - Alpon Satrianto
PY  - 2023
DA  - 2023/06/26
TI  - Financial Development and Economic Growth: Empirical Evidence from High-Income Countries
BT  - Proceedings of the Ninth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2022)
PB  - Atlantis Press
SP  - 89
EP  - 102
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-158-6_8
DO  - 10.2991/978-94-6463-158-6_8
ID  - Ikhsan2023
ER  -