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We provide empirical investigations into the role of political institutions in the bank market power-economic growth nexus using country-level data from 44 African countries from 2002 to 2015. We employed a dynamic GMM model to achieve the above objective. The results show that banks with market...
Persistent link: https://www.econbiz.de/10013179489
We examine two key questions in this paper: does access to finance have an association with firm level productivity? And does the fiscal environment have an effect on the relation between access to finance and firm productivity? Our answers are that restrictions to access to finance leads to...
Persistent link: https://www.econbiz.de/10012953814
We provide empirical investigations into the nexus between bank market power economic growth using nationalized bank data from 44 African countries from 2002 to 2015. The paper also explores how institutional quality factors influence the mechanisms through which banks with market power...
Persistent link: https://www.econbiz.de/10012911379
We provide empirical investigations into the role of political institutions in the bank market power-economic growth nexus using country-level data from 44 African countries from 2002 to 2015. We employed a dynamic GMM model to achieve the above objective. The results show that banks with market...
Persistent link: https://www.econbiz.de/10014001505