Showing 1 - 10 of 12,932
This study investigates empirically the role of financial development on economic growth in Tanzania. Unlike many previous studies, the study uses three proxies of financial development against real GDP per capita (a proxy for economic growth). Using the Johansen-Juselius cointegration method...
Persistent link: https://www.econbiz.de/10008503550
This paper examines the causal relationship between financial development and economic growth for 21 African countries within a framework which also accounts for international trade. We develop a financial development index based on four different financial development indicators and apply the...
Persistent link: https://www.econbiz.de/10010744020
in Africa over the period 1980–2009. It uses a panel econometrics framework and the main findings of the study are as … follows: (1) Remittances appear to be an important source of growth for these countries in Africa during the period under … study. (2) Volatility of remittances appears to have a negative effect on the growth of countries in Africa. (3) Remittances …
Persistent link: https://www.econbiz.de/10010578058
In the aftermath of the recent global financial crisis, the implication of financial liberalisation for stability and economic growth has come under increasing scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
Persistent link: https://www.econbiz.de/10011113590
of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth …
Persistent link: https://www.econbiz.de/10010862103
The goal of this paper is to assess how knowledge economy (KE) plays out in financial sector competition. It suggests a practicable way to disentangle the effects of different components of KE on various financial sectors. The variables identified under the World Bank’s four knowledge economy...
Persistent link: https://www.econbiz.de/10010887039
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011278886
the context of Africa since export diversification away from resources and agriculture is an important part of Africa …
Persistent link: https://www.econbiz.de/10011260902
of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth …
Persistent link: https://www.econbiz.de/10009328128
In this paper, we contribute to existing literature on financial development and openness by, sampling twenty-nine African countries with data spanning from 1987 to 2008. Using panel empirical techniques, we provide evidence of bi-directional causality between trade openness and financial...
Persistent link: https://www.econbiz.de/10008740565