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Causal Relationship between Domestic Credit and International Reserves: The Experience of Developing Countries

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Gupta, S. Causal Relationship between Domestic Credit and International Reserves: The Experience of Developing Countries. Credit and Capital Markets – Kredit und Kapital, 17(2), 261-271. https://doi.org/10.3790/ccm.17.2.261
Gupta, Sanjeev "Causal Relationship between Domestic Credit and International Reserves: The Experience of Developing Countries" Credit and Capital Markets – Kredit und Kapital 17.2, 1984, 261-271. https://doi.org/10.3790/ccm.17.2.261
Gupta, Sanjeev (1984): Causal Relationship between Domestic Credit and International Reserves: The Experience of Developing Countries, in: Credit and Capital Markets – Kredit und Kapital, vol. 17, iss. 2, 261-271, [online] https://doi.org/10.3790/ccm.17.2.261

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Causal Relationship between Domestic Credit and International Reserves: The Experience of Developing Countries

Gupta, Sanjeev

Credit and Capital Markets – Kredit und Kapital, Vol. 17 (1984), Iss. 2 : pp. 261–271

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Gupta, Sanjeev

References

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Abstract

Causal Relationship between Domestic Credit and International Reserves: The Experience of Developing Countries

Three causality tests, Haugh, Granger and Sims are used to determine the nature of causal relationship between the components of monetary base of India, Malaysia, Mexico and Taiwan. The conclusion derived is that bidirectional causality exists between the changes in domestic credit and changes in international reserves for all four countries.