Sehrawat, Madhu; Giri, A K - In: Studies in Economics and Finance 32 (2015) 3, pp. 340-356
Purpose – The purpose of this paper is to examine the relationship between financial development and economic growth in India using annual data from 1982 to 2012. Design/methodology/approach – The stationarity properties are checked by ADF, DF-GLS, KPSS and Ng–Perron unit root tests. The...