References

Al-khatib H., and Al-saffar, H.(2013), Financial Development and Economic Growth in Jordan (2001- 2012). Interdisciplinary Journal of Contemporary Research in Business. Vol 6 No.6 Pp 176- 189

Arestis, P., Demetriades, P.O. and Luintel, K. B. (2001), Financial Development and Economic Growth: The Role of Stock Markets, Journal of Money, Credit and Banking, 33(1): 16–41.

Andersen, T. B. and  Tarp, F. (2003). Financial liberalisation, financial development and economic growth in LDCs. Journal of International Development, 15(2), 189–209.

Ayadi, R., Arbak, E., Naceur, S. B. and De Groen, W. P. (2015). Financial development, bank efficiency, and economic growth across the Mediterranean. In R. Ayadi, M. Dabrowski, & L. De Wulf (eds.), Economic and social development of the Southern and Eastern Mediterranean countries ,219–233. Cham: Springer

Bangake, C. and Eggoh, J.C. (2011), Further Evidence on Finance-growth Causality: A Panel Data Analysis, Economic Systems, 35, 176–188.

Beck, T. and Levine, R. (2004), Stock Markets, Banks, and Growth: Panel Evidence, Journal of Banking & Finance, 28, 423–442.

Bittencourt, M. (2012), Financial Development and Economic Growth in Latin America: Is Schumpeter Right?. Journal of Policy Modelling, 34, 341-355.

Central Bank (2014)  , Central bank of Sri Lanka

De Gregorio, J. and  Guidotti, P. E. (1995). Financial development and economic growth. World Development, 23(3), 433– 448.

Detragiache, E., Gupta, P., and Tressel, T. (2005). Finance in lower income countries: An empirical exploration (International Monetary Fund Working Paper WP/05/167)

Ductor, L. and  Grechyna, D. (2015). Financial development, real sector, and economic growth. International Review of Economics & Finance, 37, 393–405.

Eita, J. and Jordaan, A. (2007), A causality analysis between financial development and economic growth for Botswana; University of Pretoria, Department of Economics.

Gerschenkron, A. (1962). Economic backwardness in historical perspective. Cambridge, MA: Belknap Press of Harvard University Press.

Grassa, R. and Gazdar, K. (2014). Financial development and economic growth in GCC countries: A comparative study between Islamic and conventional finance. International Journal of Social Economics, 41(6), 493–514.

Goldsmith, R. W. (1969). Financial structure and development. New Haven, CT: Yale Univ. Press

Hassan, M.K., Sanchez, B. and Yu, J.S. (2011), Financial Development and Economic Growth: New Evidence from Panel Data, The Quarterly Review of Economics and Finance 51 (2011) 88–104.

Hondroyiannis, G., Lolos, S. and Papapetrou, E. (2005), Financial Markets and Economic Growth in Greece, 1986–1999, Int. Fin. Markets, Inst. and Money 15:173–188.

Ibrahim M. H., (2007), The Role of the Financial Sector in Economic Development: The Malaysian Case, International Review of Economics (2007) 54: 463-483.

Jalil, A., Feridun, M., Ma, Y. (2010), Finance-growth nexus in China revisited: New evidence from principal components and ARDL bounds tests. International Review of Economics and Finance, 19(2), 189-195.

Kargbo, M. K. and Adamu, P.A. (2010). Financial Development and Economic Growth in Sierra Leone, Journal of Monetary and Economic Integration, 9(2), 30-58

King, R. G., & Levine, R. (1993). Finance, entrepreneurship, and growth. Journal of Monetary Economics, 32(3), 513–542.

Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature XXXV: 688–726.

Levine, R., Loayza, N. and Beck, T. (2000), Financial Intermediation and Growth: Causality and Causes, Journal of Monetary Economics, 46, 31-77.

Lucas Jr., R. E. (1988), On the Mechanics of Economic Development, Journal of Monetary Economics, 22, 3 –42.

McKinnon, R. I. (1973), Money and Capital in Economic Development, Washington, DC, The Brookings Institution.

Menyah, K., Nazlioglu, S and Wolde-Rufael, Y. (2014), Financial development, trade openness and economic growth in African countries: New insights from a panel causality approach. Economic Modeling, 37, 386-394

Mhadhbi, K. (2014). Financial development and economic growth: A dynamic panel data analysis. International Journal of Econometrics and Financial Management, 2(2), 48–58

Narayan, P. K. and Narayan, S. (2013). The short-run relationship between the financial system and economic growth: New evidence from regional panels. International Review of Financial Analysis, 29, 70–78

Narayan, P. K. and  Smyth, R. (2004). The relationship between the real exchange rate and balance of payments: empirical evidence for China from cointegration and causality testing. Applied Economics Letters, 11(5), 287–291.

Odedokun, M.O.(1996), Alternative econometric approaches for analysing the role of the financial sector in economic growth: Time-series evidence from LDCs, Journal of Development Economics, Vol. 50.

Odhiambo, N.M (2008), Financial Depth, Savings and Economic Growth in Kenya: A Dynamic Causal Linkage, Economic Modelling, 25 (4), 704–713.

Odhiambo, NM (2010), Interest Rate Reforms, Financial Deepening and Economic Growth in Tanzania: a Dynamic Linkage, Journal of Economic Policy Reform, 13:2, 201-212.

Owdeh, A.(2012), Banking sector development and Economic growth in Lebanon. International Research Journal of Finance and Economics. Issue 100. ISSN 1450-2887.

Ozturk, I. (2008), Financial development and economic growth: Empirical evidence from Turkey. Applied Econometrics and International Development, 8(1), 85-98

Patrick, H.T.(1966), Financial development and economic growth in underdeveloped countries, Economic Development and Cultural Change, Jan

Perera, N. and Paudel, R. C. (2009). Financial Development and Economic Growth in Sri Lanka. Applied Econometrics and International Development, 9(1), 157–164.

Perera, R. and  Ichihashi, M. (2016). Financial Development and Economic Growth in Sri Lanka. Department of Development Policy Division of Development Science Graduate School for International Development and Cooperation (IDEC) Hiroshima University ( IDEC DP2 Series - Vol.6 No.6 ) (Vol. 6).

Pesaran, M. H., & Shin, Y. (1995). An autoregressive distributed lag modelling approach to cointegration analysis. Cambridge Working Papers in Economics 9514, Faculty of Economics, University of Cambridge.

Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326.

Pesaran, MH, & Shin, Y. (1999). An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis. In: Storm, S. (Ed.), Econometrics and Economic Theory in the 20th Century: The Ragnar Frisch Centennial Symposium, Chapter 11. Cambridge: Cambridge University Press.

Prochniak ,M and  Wasiak, k. (2017), The impact of the financial system on economic growth in the context of the global crisis: empirical evidence for the EU and OECD countries, Empirica, 44, (2), 295-337

Rajeevan, S. (2019), Management accountant’s role and society’s expectations: Sri Lankan study, Asian Journal of Accounting Research, Vol. 4 No. 2, pp. 202-232.

 Rexiang, W. and  Rathanasiri, R. A. (2011). Financial Intermediation and Economic Growth : A Lesson from Sri Lanka. In International Conference on Business and Information 2011 - Faculty of Commerce and Management, University of Kelaniya

Robinson, J., (1952), The Generalisation of the General Theory in: The Rate of Interest and other Essays. McMillian, London.

Schumpeter, J. (1961). 1911. The Theory of Economic Development. Cambridge, MA: Harvard University Press

Singh, A. (1997). Financial liberalisation, stock markets and economic development. The Economic Journal, 107(442), 771–782

Thangavelu, S. M., Jiunn, A.B. and James (2004), Financial Development and Economic Growth in Australia: an Empirical Analysis, Empirical Economics (2004) 29:247–260. 63.

Waqabaca, C. (2004), Financial Development and Economic Growth in Fiji,Working Paper 2004/03 (December). Economics Department, Reserve Bank of Fiji.

World bank.( 2013). Global Financial Development Report: Rethinking the Role the State in Finance. http;// go.worldbank.org/2XC2CDMGZ0.

Wolde-Rufael, Y. (2009), Re-examining the financial development and economic growth nexus in Kenya, Economic Modelling, 26, 1140–1146.

Xu, Z. (2000), Financial Development, Investment and Economic Growth, Economic Inquiry 38 (2), 331–344.