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The paper uses the dynamic GMM Model to examine the finance-growth nexus with panel data (1981-2010) from 24 African countries. Evidence suggests that there is a positive relationship between finance and economic growth and that there is a bi-directional causal relationship between finance and...
Persistent link: https://www.econbiz.de/10009763114
annual time series data (1971-2010) from Ghana. Three measures of financial development are used: domestic credit as a share … data suggests that financial development undermines economic growth in Ghana. The paper, therefore, cautions against … financial liberalization in Ghana. …
Persistent link: https://www.econbiz.de/10010939188
Persistent link: https://www.econbiz.de/10014130157
(ECM) under the autoregressive distributed lag (ARDL) model is employed as the estimation technique. Our findings reveal …
Persistent link: https://www.econbiz.de/10015070431
at the impact of certain financing components separately or using ratios, which may bias the estimation and lead to …
Persistent link: https://www.econbiz.de/10012054612
The paper contributes to the ongoing debate on the natural resource curse, which refers to a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...
Persistent link: https://www.econbiz.de/10010336252
The present study aims to investigate the financial liberalisation and growth nexus in Pakistan by using the FM-OLS cointegration technique over the time period 1972 to 2016. The importance of the financial liberalisation process in Pakistan has been captured through the capital account...
Persistent link: https://www.econbiz.de/10012814294
Background: The purpose of this study is to investigate how an increase in information-sharing bureaus affects financial access. Methods: We employed contemporary and non-contemporary interactive quantile regressions in 53 African countries for the period 2004–2011. Information-sharing bureaus...
Persistent link: https://www.econbiz.de/10011661722
The purpose of this study is to investigate how increasing information sharing bureaus affect financial access. For this reason, we have employed contemporary and non-contemporary interactive Quantile Regressions in 53 African countries for the period 2004-2011. Information sharing bureaus are...
Persistent link: https://www.econbiz.de/10011668525
This research studies the extent of asymmetric responses of general fertility rate with financial development and income inequality in Bangladesh utilizing annual data from 1984-2019. We employ both linear and non- linear autoregressive distributed lag methodologies. Our study identifies a long...
Persistent link: https://www.econbiz.de/10013553635