Iyare, Sunday Osaretin; Lorde, Troy; Francis, Brian - In: Ekonomia 8 (2005) 2, pp. 168-184
This paper uses a VAR and VECM framework to examine whether financial development causes growth or vice-versa employing aggregate annual time-series data on Barbados, Grenada, Jamaica, St. Lucia, St. Vincent and the Grenadines and Trinidad and Tobago. The results indicate that a long-run...