Nasir, Najeeb Muhammad; Ali, Nasir; Khokhar, Imran - In: International Journal of Financial Research 5 (2014) 2, pp. 59-68
uses two proxies for financial depth namely liquid liability indicator and banks claim to the private sector to GDP ratio … financial depth effects or causes economic growth in an oil based economy, and does lending rate have any relationship with … financial depth or economic growth. Using the Johansens co-integration, Granger causality and Vector Error Correction Model …