3.9 Article

The Nexus between Financial Development and Economic Growth: Panel Data Evidence from Developing Countries

Related references

Note: Only part of the references are listed.
Article Development Studies

The nexus between tourism, financial development, and economic growth: Evidence from African countries

Kizito Uyi Ehigiamusoe

Summary: This paper explores the relationship between tourism, financial development, and economic growth in 31 African countries, finding a cointegration relationship and long-term causality from tourism and financial development to economic growth. However, the causality from financial development and economic growth to tourism is less evident. The country-specific analysis shows that tourism is a better predictor of financial development and economic growth at high frequencies.

AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT (2021)

Article Economics

Economic growth, corruption, and financial development: Global evidence

Chang-Qing Song et al.

Summary: The study reveals that economic growth has a positive impact on financial development in the long run, while corruption has a negative effect; developing countries can advance financial development policies by promoting economic growth and temporarily relaxing corruption, while developed countries may need to find other channels as the causal relationships are weaker.

ECONOMIC MODELLING (2021)

Article Economics

Effect of financial development on economic growth in sub-Saharan Africa

Muazu Ibrahim et al.

JOURNAL OF POLICY MODELING (2018)

Article Business

Financial Development and Income Inequality at Different Levels of Institutional Quality

Siong Hook Law et al.

EMERGING MARKETS FINANCE AND TRADE (2014)

Article Business, Finance

Financial development and economic growth in Ghana: Does the measure of financial development matter?

George Adu et al.

REVIEW OF DEVELOPMENT FINANCE (2013)

Article Economics

Financial development and economic growth: New evidence from panel data

M. Kabir Hassan et al.

QUARTERLY REVIEW OF ECONOMICS AND FINANCE (2011)

Article Economics

WHAT IS HAPPENING TO THE IMPACT OF FINANCIAL DEEPENING ON ECONOMIC GROWTH?

Peter L. Rousseau et al.

ECONOMIC INQUIRY (2011)

Article Economics

FDI, FINANCIAL DEVELOPMENT, AND ECONOMIC GROWTH: INTERNATIONAL EVIDENCE

Chien-Chiang Lee et al.

JOURNAL OF APPLIED ECONOMICS (2009)

Article Business, Finance

Does financial liberalization spur growth?

G Bekaert et al.

JOURNAL OF FINANCIAL ECONOMICS (2005)

Article Economics

Testing for unit roots in heterogeneous panels

KS Im et al.

JOURNAL OF ECONOMETRICS (2003)

Article Economics

Unit root tests in panel data: asymptotic and finite-sample properties

A Levin et al.

JOURNAL OF ECONOMETRICS (2002)

Article Business, Finance

Unit root tests for panel data

I Choi

JOURNAL OF INTERNATIONAL MONEY AND FINANCE (2001)