Are bond markets, economic growth, and institutional quality related? Evidence from VECM estimation

Rudra P. Pradhan; Nidhi Aggarwal; Rebecca Abraham

Are bond markets, economic growth, and institutional quality related? Evidence from VECM estimation

Rudra P. Pradhan
, Nidhi Aggarwal
, Rebecca Abraham

Nova Southeastern University

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This study investigates the interrelationships between bond markets, economic growth, and institutional quality of middle-income countries from 2005 to 2020. We find that economic growth and institutional quality explain bond markets in the long run and short run. We find that there is an association between institutional quality, economic growth, bond market development.

Original language	English
Pages (from-to)	355-365
Number of pages	11
Journal	Economics Bulletin
Volume	43
Issue number	1
State	Published - 2023

Bibliographical note

Publisher Copyright:
© (2023) Economics Bulletin.

ASJC Scopus Subject Areas

General Economics,Econometrics and Finance

Disciplines

Business

Cite this

@article{3117de6f6cab4306bd8e24a68ea1d8b7,

title = "Are bond markets, economic growth, and institutional quality related? Evidence from VECM estimation",

abstract = "This study investigates the interrelationships between bond markets, economic growth, and institutional quality of middle-income countries from 2005 to 2020. We find that economic growth and institutional quality explain bond markets in the long run and short run. We find that there is an association between institutional quality, economic growth, bond market development.",

author = "Pradhan, \{Rudra P.\} and Nidhi Aggarwal and Rebecca Abraham",

note = "Publisher Copyright: {\textcopyright} (2023) Economics Bulletin.",

year = "2023",

language = "English",

volume = "43",

pages = "355--365",

journal = "Economics Bulletin",

issn = "1545-2921",

publisher = "Economics Bulletin",

number = "1",

}

TY - JOUR

T1 - Are bond markets, economic growth, and institutional quality related? Evidence from VECM estimation

AU - Pradhan, Rudra P.

AU - Aggarwal, Nidhi

AU - Abraham, Rebecca

PY - 2023

Y1 - 2023

N2 - This study investigates the interrelationships between bond markets, economic growth, and institutional quality of middle-income countries from 2005 to 2020. We find that economic growth and institutional quality explain bond markets in the long run and short run. We find that there is an association between institutional quality, economic growth, bond market development.

AB - This study investigates the interrelationships between bond markets, economic growth, and institutional quality of middle-income countries from 2005 to 2020. We find that economic growth and institutional quality explain bond markets in the long run and short run. We find that there is an association between institutional quality, economic growth, bond market development.

UR - https://www.scopus.com/pages/publications/85162039609

UR - https://www.scopus.com/pages/publications/85162039609#tab=citedBy

M3 - Article

AN - SCOPUS:85162039609

SN - 1545-2921

VL - 43

SP - 355

EP - 365

JO - Economics Bulletin

JF - Economics Bulletin

IS - 1

ER -

Are bond markets, economic growth, and institutional quality related? Evidence from VECM estimation

Abstract

Bibliographical note

ASJC Scopus Subject Areas

Disciplines

Other files and links

Cite this