Financial development and economic growth nexus in Russia

Ono, Shigeki

[journal article]

dc.contributor.author	Ono, Shigeki	de
dc.date.accessioned	2024-08-06T14:19:28Z
dc.date.available	2024-08-06T14:19:28Z
dc.date.issued	2017	de
dc.identifier.issn	2618-7213	de
dc.identifier.uri	https://www.ssoar.info/ssoar/handle/document/95736
dc.description.abstract	This paper examines the finance-growth nexus in Russia with the vector autoregression model, taking oil prices and foreign exchange rates into account. The analyzed period is from 1999 through 2008 (Subperiod 1) and from 2009 through 2014 (Subperiod 2). The results for Subperiod 1 suggest that there is causality from economic growth to money supply and bank lending, which implies demand-following responses. The results for Subperiod 2 show that economic growth Granger causes bank lending while there is no causality from money supply to economic growth, which could be related to the dramatic decrease in the amount of intervention in foreign exchange markets.	de
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.subject.other	financial development; VAR	de
dc.title	Financial development and economic growth nexus in Russia	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.journal	Russian Journal of Economics
dc.source.volume	3	de
dc.publisher.country	RUS	de
dc.source.issue	3	de
dc.subject.classoz	Volkswirtschaftstheorie	de
dc.subject.classoz	National Economy	en
dc.subject.thesoz	Russland	de
dc.subject.thesoz	Russia	en
dc.subject.thesoz	Kausalität	de
dc.subject.thesoz	causality	en
dc.subject.thesoz	Wirtschaftswachstum	de
dc.subject.thesoz	economic growth	en
dc.rights.licence	Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0	de
dc.rights.licence	Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0	en
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10057012
internal.identifier.thesoz	10042546
internal.identifier.thesoz	10055821
dc.type.stock	article	de
dc.type.document	Zeitschriftenartikel	de
dc.type.document	journal article	en
dc.source.pageinfo	321-332	de
internal.identifier.classoz	1090301
internal.identifier.journal	1465
internal.identifier.document	32
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1016/j.ruje.2017.09.006	de
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	20
internal.identifier.pubstatus	1
internal.identifier.review	2
dc.subject.classhort	10900	de
internal.pdf.valid	false
internal.pdf.wellformed	true
internal.pdf.encrypted	false
ssoar.urn.registration	false	de

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Volkswirtschaftstheorie
Economic Theory

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