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This paper examines the impact of both bank- and market-based financial development on economic growth in South Africa during the period from 1980 to 2012. Unlike some previous studies, the current study employs means-removed average to construct both bank- and market-based financial development...
Persistent link: https://www.econbiz.de/10013022565
and investment. Based on the literature considered, it can be concluded that there is little consensus to date on the … direction of causality between financial development and investment. The study concludes that most of the research done on the … causal relationship between financial development and investment is highly skewed towards assessing the causal relationship …
Persistent link: https://www.econbiz.de/10011877345
investment (FDI) on economic growth dynamics in 25 countries in Sub-Saharan Africa for the period 1980-2014. The employed …
Persistent link: https://www.econbiz.de/10012025644
Persistent link: https://www.econbiz.de/10012250561
investment, portfolio equity and portfolio debt. There is a gap in the empirical literature in examining the factors that are … foreign investment compared to other developing economies in the SSAn region and other developing economies and this paper … by foreign direct investment (FDI). They overtook official development assistance and aid in the 2010s. Mozambique and …
Persistent link: https://www.econbiz.de/10014285490
This article summarises the empirical literature on the impact of financial development on investment. It presents a … topical analysis of empirical research that focuses mainly on the interaction between financial development and investment …, determinants and measurement of both financial development and investment, and empirical findings on the relationship between the …
Persistent link: https://www.econbiz.de/10012193685
Persistent link: https://www.econbiz.de/10012388377
This paper examines the impact of both bank- and market-based financial development on economic growth in South Africa during the period from 1980 to 2012. Unlike some previous studies, the current study employs means-removed average to construct both bank- and market-based financial development...
Persistent link: https://www.econbiz.de/10010520866
This paper examines the relationship between financial sector reforms and sustainable economic growth in Ghana. Employing the autoregressive distributed lag (ARDL) bounds testing approach and using GDP per capita as a growth indicator, this paper establishes a long-run relationship between...
Persistent link: https://www.econbiz.de/10011306016
This study investigates the role of insurance in economic growth on a panel of forty-eight countries in Africa for the period 2004-2014. The research question the study seeks to answer is the following: what thresholds of insurance penetration positively affect economic growth in Africa? The...
Persistent link: https://www.econbiz.de/10012025638