A. Asongu, Simplice - In: African Journal of Economic and Management Studies 5 (2014) 3, pp. 269-299
size) in the assessment of the finance-investment nexus. Design/methodology/approach – Vector autoregressive models in the … findings are established: first, while finance led investment elasticities are positive, investment elasticities of finance are … negative; second, but for Guinea Bissau, Mozambique and Togo, finance does not seem to engender portfolio investment; and …