In this paper, I investigated the determinants of financial development with emphasis on social capital. First, I explain the relationship between financial development and its determinants, then estimate the model with Gregory–Hansen (1996) and Johansen-Juselious cointegration techniques in I.R. of IRAN (1971-2006). The results showed that, inflation and decline in social capital and weak property rights have the negative and significant effects on financial development.
JEL Classification: G21, K42, O17, Z13
samadi, A. H. (2010). Social Capital and Financial Development: The Case of IRAN (1971-2006). (e20041). Journal of Economic Research (Tahghighat- E- Eghtesadi), 44(3), e20041
MLA
samadi, A. H. "Social Capital and Financial Development: The Case of IRAN (1971-2006)" .e20041 , Journal of Economic Research (Tahghighat- E- Eghtesadi), 44, 3, 2010, e20041.
HARVARD
samadi, A. H. (2010). 'Social Capital and Financial Development: The Case of IRAN (1971-2006)', Journal of Economic Research (Tahghighat- E- Eghtesadi), 44(3), e20041.
CHICAGO
samadi, A. H., "Social Capital and Financial Development: The Case of IRAN (1971-2006)." Journal of Economic Research (Tahghighat- E- Eghtesadi), 44 3 (2010): e20041,
VANCOUVER
samadi A. H. Social Capital and Financial Development: The Case of IRAN (1971-2006). J. Econ. Res. 2010;44(3):e20041 (In Persian).
