Economic growth and stock market development in Bahrain
Economic growth and stock market development in Bahrain
This study investigates the relationship between stock market development and economic growth in the Kingdom of Bahrain over the twenty-five year period of 1990 to 2014. Using regression analysis, the study analyzes the relationship between economic growth, measured by GDP growth rate, and stock market indicators, such as size, liquidity, All-Share Index, turnover, and market capitalization. The first major finding is that stock markets indicators have influence on economic growth in Bahrain. Th