Muhammad Adnan Hye, Qazi - In: The Journal of Risk Finance 12 (2011) 2, pp. 98-111
Purpose – The purpose of this paper is to construct a financial development index (FDI) for the Indian economy and also examine the relationship between FDI and economic growth. Design/methodology/approach – Augment Dickey Fuller, Phillips Perron and Ng Perron unit root tests are employed in...