Finance and growth in Africa: The broken link
AbstractWhile bank liabilities in Sub-Saharan Africa are found to follow (but not lead) economic growth, the link between bank credit and growth is altogether absent.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 113 (2011)
Issue (Month): 3 ()
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Web page: http://www.elsevier.com/locate/ecolet
Panel cointegration; Cross-sectional dependence; African financial under-development;
Other versions of this item:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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- Rafael E. De Hoyos & Vasilis Sarafidis, 2006. "Testing for cross-sectional dependence in panel-data models," Stata Journal, StataCorp LP, vol. 6(4), pages 482-496, December.
- Oliver Gloede & Ornsiri Rungruxsirivorn, 2013.
"Local Financial Development and Household Welfare: Microevidence from Thai Households,"
Emerging Markets Finance and Trade,
M.E. Sharpe, Inc., vol. 49(4), pages 22-45, July.
- Gloede, Oliver & Rungruxsirivorn, Ornsiri, 2012. "Local Financial Development and Household Welfare: Microevidence from Thai Households," Proceedings of the German Development Economics Conference, Hannover 2010 38 [rev.], Verein für Socialpolitik, Research Committee Development Economics.
- Ndiaye, Cheikh Tidiane & Bates, Samuel, 2013. "Analyzing Economic Growth From Structural Unobserved Component Modeling: The Case of Senegal," Economics Papers from University Paris Dauphine 123456789/12185, Paris Dauphine University.
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