How to cite this paper
Ogbeide, S & Akanji, B. (2018). Stock market development and economic growth of Brazil, Russia, India, China and South African (BRICS) Nations: An empirical research.Accounting, 4(2), 83-92.
Refrences
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Agrawalla, R. K., & Tuteja, S. K. (2007). Causality between stock market development and economic growth: a case study of India. Journal of Management Research, 7(3), 158.
Ahn, J., & Cogman, D. (2007). A quiet revolution in China’s capital markets. McKinsey on Finance, 24, 18-24.
Agrawalla, R. K., & Tuteja, S. K. (2007). Causality between stock market development and economic growth: a case study of India. Journal of Management Research, 7(3), 158.
El-Wassal, K. A. (2005). Understanding the growth in emerging stock markets. Journal of Emerging Market Finance, 4(3), 227-261.
Brasoveanu, L. O., Dragota, V., Catarama, D., & Semenescu, A. (2008). Correlations between capital market development and economic growth: The case of Romania. Journal of applied quantitative methods, 3(1), 64-75.
Chipaumire, G., & Ngirande, H. (2014). How stock market liquidity impact economic growth in South African Journal of Economics, 5(2), 185-192.
Clemente, A., Taffarel, M., & Espejo, R. A. (2012). The Brazilian Stock Market–Dimension, Structure, and Main Features. Business Dynamics in the 21st Century, 221.
Dailami, C., & Aktin, G. (1990). Stock markets in developing countries: Key issues and a research agenda, policy research and external affairs. Working papers. The World Bank.
Deb, S. G., & Mukherjee, J. (2008). Does stock market development cause economic growth? A time series analysis for Indian economy. International Research Journal of Finance and Economics, 21(3), 142-149.
Duan, W., Gu, B., & Whinston, A. B. (2009). Informational cascades and software adoption on the internet: an empirical investigation. Mis Quarterly, 33(1), 23-48.
El-Wassal, K. A. (2005). Understanding the growth in emerging stock markets. Journal of Emerging Market Finance, 4(3), 227-261.
Garcia, V. F., & Liu, L. (1999). Macroeconomic determinants of stock market development. Journal of Applied Economics, 2(1), 29-59.
Global Sherpa. (2009). Accessed from http://www..globalsherpa.org/bric-countries-brics on 29/01/2017.
Kamat, M. S., & Kamat, M. M. (2007). Does financial growth lead economic performance in India? Causality-cointegration using unrestricted vector error correction models. MPRA paper No. 6154, pp. 1 – 26.
Leal, A. R. (2008). How will the EU approach the BRIC countries. Future Trade Challenges, 2(4).
Matos, O. C. (2003). Inter relacoes entre desenroluimento. Financeiro, export acoes, e. cresamento economico: Analyse da experience brasilera. Notas tech leas do Banco cental to Brazil, n 4o, Bra silia.
Mehrabani, F. (2012). Corporate Governance, Iran Stock Market andEconomic Growth. International Journal of Trade, Economics and Finance, 3(5), 370.
MuQuing, M., Robert, A., & Chang, L. (2001). An empirical study on the relationship between stock market index and the national economy: The case of China. International Journal of Finance, 4(1), 13 – 31.
Nagashi, M. (1999). Stock market development and economic growth: Dubious relationship. Economic and Political Weekly, 34(29), pp. 2004 – 2012.
Ndako, U. B. (2008). Financial development, Economic growth and stock market volatility: Evidence from Nigeria and South Africa. Australian Journal of Business and Management Research, 2(2), pp. 20 – 30.
O’Neil, J. (2001). Building better global economic BRICS. Goldman Sachs global economic paper No. 66.
Olfa, C (2007). Overreaction effect in the Tunisian stock market. Journal of Asian Business Strategy, 8(2), pp. 134-140.
Ruyong, T. (1999). An empirical research on the relationship between China’s financial development and economic growth. Economic Research Journal, 10(2), 18 – 37.
Sinha, D. & Macric, J. (2001). Financial development and economic growth: The case of Eight Asian countries. Economic – Internazionale, 54(2), 219 – 234.
Sudharshan, R.P., & Rakesh, G. (2011). An empirical analysis of stock market performance and economic growth: Evidence from India. International Research Journal of Finance and Economic, 7(3), 1 – 15.
Vazadikis, A., & Adamopoulos, A. (2009). Stock market development and economic growth. American Journal of Applied Sciences, 6(11), 1933 – 1941.
Wang, B., & Ajit, D. (2013) Stock market and economic growth in China. University of Northern British Columbia, Prince George, British Columbia, Canada.
Wang, E. (2002). The theoretical analysis on the relationship between China’s capital market and economic growth. China Economist, 2, 1 – 10.
Wang, S. S., & Li, W. (2004). Information diffusion, transaction costs, and the performance of technical trading rules in the emerging stock market in China, EFMA 2004 Basle Meetings Paper. Available at www.ssrn.com/abstract=487783 accessed on 03/01/2017.
Zhao, C. S. (2002). Corporate governance, stock market and economic growth in Brazil. Corporate Ownership & Control, 6(2), 222 – 237.
Zheng, J., Yuan, G. & Hu, Z. (2000). An empirical study on the connection between China’s stock market and economic growth during the transforming period. Management world, 6, 15 – 24.
Agrawalla, R. K., & Tuteja, S. K. (2007). Causality between stock market development and economic growth: a case study of India. Journal of Management Research, 7(3), 158.
Ahn, J., & Cogman, D. (2007). A quiet revolution in China’s capital markets. McKinsey on Finance, 24, 18-24.
Agrawalla, R. K., & Tuteja, S. K. (2007). Causality between stock market development and economic growth: a case study of India. Journal of Management Research, 7(3), 158.
El-Wassal, K. A. (2005). Understanding the growth in emerging stock markets. Journal of Emerging Market Finance, 4(3), 227-261.
Brasoveanu, L. O., Dragota, V., Catarama, D., & Semenescu, A. (2008). Correlations between capital market development and economic growth: The case of Romania. Journal of applied quantitative methods, 3(1), 64-75.
Chipaumire, G., & Ngirande, H. (2014). How stock market liquidity impact economic growth in South African Journal of Economics, 5(2), 185-192.
Clemente, A., Taffarel, M., & Espejo, R. A. (2012). The Brazilian Stock Market–Dimension, Structure, and Main Features. Business Dynamics in the 21st Century, 221.
Dailami, C., & Aktin, G. (1990). Stock markets in developing countries: Key issues and a research agenda, policy research and external affairs. Working papers. The World Bank.
Deb, S. G., & Mukherjee, J. (2008). Does stock market development cause economic growth? A time series analysis for Indian economy. International Research Journal of Finance and Economics, 21(3), 142-149.
Duan, W., Gu, B., & Whinston, A. B. (2009). Informational cascades and software adoption on the internet: an empirical investigation. Mis Quarterly, 33(1), 23-48.
El-Wassal, K. A. (2005). Understanding the growth in emerging stock markets. Journal of Emerging Market Finance, 4(3), 227-261.
Garcia, V. F., & Liu, L. (1999). Macroeconomic determinants of stock market development. Journal of Applied Economics, 2(1), 29-59.
Global Sherpa. (2009). Accessed from http://www..globalsherpa.org/bric-countries-brics on 29/01/2017.
Kamat, M. S., & Kamat, M. M. (2007). Does financial growth lead economic performance in India? Causality-cointegration using unrestricted vector error correction models. MPRA paper No. 6154, pp. 1 – 26.
Leal, A. R. (2008). How will the EU approach the BRIC countries. Future Trade Challenges, 2(4).
Matos, O. C. (2003). Inter relacoes entre desenroluimento. Financeiro, export acoes, e. cresamento economico: Analyse da experience brasilera. Notas tech leas do Banco cental to Brazil, n 4o, Bra silia.
Mehrabani, F. (2012). Corporate Governance, Iran Stock Market andEconomic Growth. International Journal of Trade, Economics and Finance, 3(5), 370.
MuQuing, M., Robert, A., & Chang, L. (2001). An empirical study on the relationship between stock market index and the national economy: The case of China. International Journal of Finance, 4(1), 13 – 31.
Nagashi, M. (1999). Stock market development and economic growth: Dubious relationship. Economic and Political Weekly, 34(29), pp. 2004 – 2012.
Ndako, U. B. (2008). Financial development, Economic growth and stock market volatility: Evidence from Nigeria and South Africa. Australian Journal of Business and Management Research, 2(2), pp. 20 – 30.
O’Neil, J. (2001). Building better global economic BRICS. Goldman Sachs global economic paper No. 66.
Olfa, C (2007). Overreaction effect in the Tunisian stock market. Journal of Asian Business Strategy, 8(2), pp. 134-140.
Ruyong, T. (1999). An empirical research on the relationship between China’s financial development and economic growth. Economic Research Journal, 10(2), 18 – 37.
Sinha, D. & Macric, J. (2001). Financial development and economic growth: The case of Eight Asian countries. Economic – Internazionale, 54(2), 219 – 234.
Sudharshan, R.P., & Rakesh, G. (2011). An empirical analysis of stock market performance and economic growth: Evidence from India. International Research Journal of Finance and Economic, 7(3), 1 – 15.
Vazadikis, A., & Adamopoulos, A. (2009). Stock market development and economic growth. American Journal of Applied Sciences, 6(11), 1933 – 1941.
Wang, B., & Ajit, D. (2013) Stock market and economic growth in China. University of Northern British Columbia, Prince George, British Columbia, Canada.
Wang, E. (2002). The theoretical analysis on the relationship between China’s capital market and economic growth. China Economist, 2, 1 – 10.
Wang, S. S., & Li, W. (2004). Information diffusion, transaction costs, and the performance of technical trading rules in the emerging stock market in China, EFMA 2004 Basle Meetings Paper. Available at www.ssrn.com/abstract=487783 accessed on 03/01/2017.
Zhao, C. S. (2002). Corporate governance, stock market and economic growth in Brazil. Corporate Ownership & Control, 6(2), 222 – 237.
Zheng, J., Yuan, G. & Hu, Z. (2000). An empirical study on the connection between China’s stock market and economic growth during the transforming period. Management world, 6, 15 – 24.