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Over the years, the Indian capital market system has undergone major fundamental institutional changes which resulted in reduction in transaction costs, significant improvements in efficiency, transparency and safety. All these changes have brought about the economic development of the economy through stock markets. In the same way, economic expansion fuelled by technological changes, products and services innovation is expected to create a high demand for stock market development. In this context, the main focus of the present study is to estimate integration between stock market development…mehr

Produktbeschreibung
Over the years, the Indian capital market system has undergone major fundamental institutional changes which resulted in reduction in transaction costs, significant improvements in efficiency, transparency and safety. All these changes have brought about the economic development of the economy through stock markets. In the same way, economic expansion fuelled by technological changes, products and services innovation is expected to create a high demand for stock market development. In this context, the main focus of the present study is to estimate integration between stock market development and economic growth while controlling for the effects of other growth determinants like FII and exchange rate.
Autorenporträt
Rjumohan A. es una joven investigadora que se interesa por las ciencias sociales, especialmente la economía. Ha obtenido su maestría en Economía Aplicada con el primer rango de la Universidad de Ciencia y Tecnología de Cochin en Kerala, India, y también ha calificado para el JRF de la UGC en Economía. Es autora de un libro sobre la aplicación de la teoría de conjuntos difusos.