Huang, Yongfu - School of Economics, Finance and Management, University … - 2006
averaged data, and a common factor approach on annual data allowing for global interdependence and heterogeneity across … between aggregate private investment
and …nancial development. GMM estimation on averaged data, and a
common factor approach …; Global
Interdependence; Common Factor Analysis; Panel Unit Root Test;
Panel Cointegration Test
JEL Classi…cation: F36; F41; E …