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Published: 2021-10-14
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DOI: https://doi.org/10.52932/jfm.vi65.205
Issue
No. 65 (2021)
Section
Research Articles
How to Cite
Đạo, L. T. ., & Hằng, L. T. T. . (2021). The relationship between financial depth and economic growth in Vietnam. Journal of Finance and Marketing, 65(5), 24-35. https://doi.org/10.52932/jfm.vi65.205

The relationship between financial depth and economic growth in Vietnam

Le Trung Dao1, Le Thi Thuy Hang1
1 University of Finance - Marketing

Main Article Content

Abstract

This article studied the relationship between financial depth and economic growth in Vietnam, using time series data from Q1 2000 to Q1 2020. The VAR model was used for looking at the causable relationship of variables are economic growth variables, expanded money supply growth, private sector capital requirements, domestic credit provided by banks and financial market price indicators. The results of this study pointed to the relationship between financial depth and short-term economic growth and the degree of impact between the variables that linger afterwards. Policy recommendations will promote greater financial sector development and focus on the effectiveness of financial policies.

Article Details

Keywords

Financial depth, Economic growth, VAR, Quyết định lựa chọn hãng hàng không, các yếu tố ảnh hưởng, khách hàng cá nhân, Vietnam Airlines.

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