Home|Journals|Articles by Year|Audio Abstracts

Research Article

EEO. 2021; 20(4): 437-451

The Increasing Economic Progress of Stock Markets: A Comparative View of Developing and Developed World

Dr. Hassan Jawad Soomro, Zahid Hussain Sohu, Waseem Ahmed Jatoi, Sarfaraz Ahmed Bhutto*, Dr. Qamar Abbas Mangi.


Stock markets and economic system of a country has a great bonding in terms of healthy financial system. The pace of dramatic economic changes has departed this world into two lines, the developed countries (DCs) and developing countries (DVCs). This researchessentially examined dynamic panel data analysisinincreasing economic progress among stock market of DCs and DVCs. The changes in the stock market are estimated using the market capitalization and stock value traded indicators. A robust inferential tool, Fully Modified Ordinary Least Squares (FMOLS) has been used, it is evident that stock value traded had a significant positive effect on the economic progress of on the economies of DCs and DVCs. While market capitalization had a significant negative effect on the developed economies only. Finally, this research suggests policymakers to design such policies that enhance the volume of stock value traded.

Key words: Stock Market, Economic Progress, Dynamic Panel Data Analysis.

Full-text options

Share this Article

Online Article Submission
• ejmanager.com

ejPort - eJManager.com
Refer & Earn
About BiblioMed
License Information
Terms & Conditions
Privacy Policy
Contact Us

The articles in Bibliomed are open access articles licensed under Creative Commons Attribution 4.0 International License (CC BY), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.