Does stock market capitalization cause GDP? A causality study for Central and Eastern European countries

  2. Referencia: y Prats, María A.: “Does stock market capitalization cause GDP? A causality study for Central and Eastern European countries”. 2020, Economics. The Open-Access, Open-Assessment E-Journal, 14 (2020-17): 1-29.

This paper analyzes the relationship between stock market capitalization to GDP and real GDP in 10 Central and Eastern European countries (CEECs) that joined the European Union in 2004 and 2007, with the objective of determining whether the financial markets played a role as drivers of economic development in these countries or vice versa. The…