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growth is the theme on which this study was based. Data on gross domestic product (GDP), credit to private sector (CPS) and … total bank deposit (DPS) were obtained from Central Bank of Nigeria (CBN) statistical bulletin and used to compute savings … between savings mobilization and credit on one hand and economic growth on the other were tested. The Granger Causality Test …
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To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a … proportions of real investment to run a financial sector. Human capital allocated to financial activities will improve long …-run levels but may reduce growth rates in the short run. Empirically, based on data for 93 countries during the 1980 90 period …
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Firms that engage in long-term bilateral relationships with their buyers or suppliers are usually required to make relationship-specific investments. We examine how the values of these long-term specific investments are affected by the quality of governmental contract enforcement. We find that...
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