Boadi, Isaac; Osarfo, Daniel; Boadi, Perpetual - In: Studies in Economics and Finance 36 (2019) 3, pp. 365-394
Purpose: The purpose of this paper is to investigate the relative impact of bank-based and market-based financial developments on economic growth from 1984 to 2015, using 60countries. Design/methodology/approach: This study uses fixed effect and generalized method of moments (GMM) to...