Sethi, Dinabandhu; Tiwari, Aviral Kumar; Shahbaz, Muhammad - In: Economic growth and financial development : effects of …, (pp. 73-102). 2021
nonlinear Granger-causality between financial development and economic growth. Moreover, comparing countries by their inflation … nonlinear Granger-causality result confirms insignificant Granger-causality in both high income and low income countries …. Interestingly, medium income countries show significant nonlinear Granger-causality from financial development to economic growth …