Cheng, Su-Yin - In: Journal of International Financial Markets, … 22 (2012) 3, pp. 508-520
This study uses quarterly data from 1973 to 2007 to investigate the influence of financial institutions on economic growth in Taiwan. We find that the breakpoint obtained by Gregory and Hansen (1996) appears in the third quarter of 1982, which coincides with the period of financial openness. In...