Showing 1 - 10 of 19,028
This paper examines the impact of interest rate reforms on financial deepening and economic growth in Kenya, using two models: the financial deepening model and the dynamic Granger causality model. The study attempts to answer two critical questions: Does interest rate liberalization in Kenya...
Persistent link: https://www.econbiz.de/10011213034
. The objective of this study is to examine the effects of the financial sector reforms on private investment in Ghana. To … that private investment responded marginally to the financial liberalization policies in Ghana. The general conclusion of … the study is that financial liberalization will not have favorable effects on private investment unless foreign and …
Persistent link: https://www.econbiz.de/10011143921
in South Africa – using the Auto-Regressive Distributed Lag (ARDL) bounds testing procedure. The study attempts to … answer one critical question: does economic growth in South Africa trickle down to the poor through job creation? The study … uses two proxies to measure the incidence of poverty in South Africa, namely household consumption per capita and infant …
Persistent link: https://www.econbiz.de/10011277829
Using threshold cointegration and error-correction model, this paper has investigated the channels through which Africa … (proxied by South Africa) can boost its economic growth via its trade with East Asia (represented by China). The results … the impact of technical progress on Africa's economic growth rates is labour augmenting, and that learning …
Persistent link: https://www.econbiz.de/10008755189
In this paper, we examine the causality between financial development and sustainable growth in Botswana using the newly developed ARDL-bounds testing approach. Our results show that the causal relationship between financial development and sustainable economic growth is sensitive to the proxy...
Persistent link: https://www.econbiz.de/10010697250
Persistent link: https://www.econbiz.de/10005264269
This article empirically estimates a micro-founded model with the aim to investigate the leading macroeconomic determinants and dynamics of financial deepening in the CEMAC sub-region. For this purpose, we adopted an empirical investigation in both static and dynamic panel data econometrics...
Persistent link: https://www.econbiz.de/10010905858
development instrumental for inclusive and pro-poor financial system in Africa? Does it matter in improvement of financial … finance can be instrumental in the way toward pro poor and inclusive financial system in Africa through improvement of … analyses. The main finding is that Islamic finance is a powerful tool for pro poor and inclusive financial system in Africa …
Persistent link: https://www.econbiz.de/10010938540
By using fresh macroeconomic data and several empirical approaches, this paper provides new evidence about the leading macroeconomic determinants and dynamics of financial deepening in the CEMAC sub-region. For this purpose, we have undertaken consecutively a theoretical model building, an...
Persistent link: https://www.econbiz.de/10010938542
This paper deals with the empirical investigation of causal relationship between financial deepening, economic growth and poverty reduction using quarter frequency data in case of Pakistan over the period of 1972–2011. We applied the autoregressive distributed lag model bounds testing approach...
Persistent link: https://www.econbiz.de/10010949446