Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment

Cilt: 6 Sayı: 2 1 Nisan 2016
  • Rashid Sbia
  • Sahel Alrousan
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Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment

Abstract

This paper examines the association between financial progress and economic growth in the United Arab Emirates over the period 1975Q1-2012Q4. We have employed Bayer-Hanck (2013) combined non-cointegration to test the long run relationship. Our analysis revealed the existence of cointegration between financial development and economic growth. It also revealed that capitalization and FDI stimulate economic growth. The findings suggest that proper use of FDI and financial policy redesign will sustain economic growth in long term.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Rashid Sbia Bu kişi benim

Sahel Alrousan Bu kişi benim

Yayımlanma Tarihi

1 Nisan 2016

Gönderilme Tarihi

1 Nisan 2016

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2016 Cilt: 6 Sayı: 2

Kaynak Göster

APA
Sbia, R., & Alrousan, S. (2016). Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment. International Journal of Economics and Financial Issues, 6(2), 703-710. https://izlik.org/JA32PB88SL
AMA
1.Sbia R, Alrousan S. Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment. IJEFI. 2016;6(2):703-710. https://izlik.org/JA32PB88SL
Chicago
Sbia, Rashid, ve Sahel Alrousan. 2016. “Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment”. International Journal of Economics and Financial Issues 6 (2): 703-10. https://izlik.org/JA32PB88SL.
EndNote
Sbia R, Alrousan S (01 Nisan 2016) Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment. International Journal of Economics and Financial Issues 6 2 703–710.
IEEE
[1]R. Sbia ve S. Alrousan, “Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment”, IJEFI, c. 6, sy 2, ss. 703–710, Nis. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA32PB88SL
ISNAD
Sbia, Rashid - Alrousan, Sahel. “Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment”. International Journal of Economics and Financial Issues 6/2 (01 Nisan 2016): 703-710. https://izlik.org/JA32PB88SL.
JAMA
1.Sbia R, Alrousan S. Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment. IJEFI. 2016;6:703–710.
MLA
Sbia, Rashid, ve Sahel Alrousan. “Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment”. International Journal of Economics and Financial Issues, c. 6, sy 2, Nisan 2016, ss. 703-10, https://izlik.org/JA32PB88SL.
Vancouver
1.Rashid Sbia, Sahel Alrousan. Does Financial Development Induce Economic Growth in UAE? The Role of Capitalization and Foreign Direct Investment. IJEFI [Internet]. 01 Nisan 2016;6(2):703-10. Erişim adresi: https://izlik.org/JA32PB88SL