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Purpose: This study examines the moderating effect of institutional quality on the finance-growth nexus in South Africa from 1986 to 2015. Design/methodology/approach: This study adopts unit root tests, cointegration test and autoregressive distributed lag (ARDL) model. Findings: The findings...
Persistent link: https://www.econbiz.de/10012411948
Purpose: The increasing debate on the viability of broad-based productive employment in stimulating the participatory tendencies of growth makes it instructive to inquire how the African “Big Five” have fared in their quests to ensure growth inclusiveness through public investment-led...
Persistent link: https://www.econbiz.de/10012412242