Asongu, Simplice; El Montasser, Ghassen; Toumi, Hassen - 2015
) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established … only EC can be significantly adjusted to its long run relationship. Fourth, there is a long-run causality running from GDP … and CE to EC. Fifth, we find causality running from either CE or both CE and EC to GDP and inverse causal paths are …