Does finance causes economic growth in Africa?

The paper examines the causal relationship between financial sector development and economic growth in34 African countries. Using the Panel Autoregressive Distributed Lag (PARDL) framework in line with Pesaran et al. (1999), the Pooled Mean Group (PMG) shows that there is the existence of a relation...

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Bibliographic Details
Main Authors: Yusuf, Salama, Habibullah, Muzafar Shah, Mohamed, Azali, Lee, Chin
Format: Conference or Workshop Item
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/51232/1/12-6.pdf
http://psasir.upm.edu.my/id/eprint/51232/
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