期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2016
卷号：8
期号：4
页码：198
DOI：10.5539/ijef.v8n4p198
出版社：Canadian Center of Science and Education
摘要：This study investigates the relationship between financial centres index and GDP growth of 20 countries with the world’s largest GDP. In our sample each country is represented by just one financial centre. We tested many models through several panel approaches. Use of a fixed-effects model, fixed-effects (within) regression, random-effects GLS regression, random-effects ML regression, and empirical findings showed that the global financial centres index variable is highly statistically significant, and coefficients obtained from different estimations are very close to each other. Our findings support the idea that financial centres positively affect the GDP growth of countries.
