AU - Hossini, Seyed Mahdi AU - Ashrafi, Yekta AU - Siami Araghi, Ebrahim TI - The Review of Relationship between Financial Development and Economic Growth with Introducing New Variables PT - JOURNAL ARTICLE TA - IJNAA JN - IJNAA VO - 19 VI - 60 IP - 60 4099 - http://qjerp.ir/article-1-184-en.html 4100 - http://qjerp.ir/article-1-184-en.pdf SO - IJNAA 60 AB  - The main purpose of this study is to investigate the relationship between financial development and economic growth, by using new variables such as domestic credit provided by banking sector, domestic credit to the private sector, broadest definition of money, gross domestic saving and also government expenditure and trade. The 2 latest variables represent real sector of economy, and inflation, during 1967-2007. The estimate of long run relationships between variables shows negative relationship between growth and financial development. However, short run relationship between growth and financial development have been done by Granger causality block erogeneity test that findings show domestic credit provided by banking sector doesn’t entails causality Granger of growth. Finally, the relationship between growth and domestic credit to the private sector is the two way causality. CP - IRAN IN - PHD in Economics LG - eng PB - IJNAA PG - 19 PT - Research YR - 2012