IDEAS home Printed from https://ideas.repec.org/a/taf/oaefxx/v9y2021i1p1991084.html
   My bibliography  Save this article

A dynamic analysis on foreign bank entry Nexus economic growth in Sub-Sahara African countries

Author

Listed:
  • Fetene Bogale Hunegnaw
  • Adem Feto Bedhaso
  • Christian Nsiah

Abstract

This study investigated the direct link between foreign bank entry and economic growth in Sub-Sahara African countries using a dynamic generalized method of moment estimator. It also studied a comparative analysis on banking environment for SSA countries that open and restrict banking industries to foreign ownership using descriptive analysis. The descriptive evidence suggests that SSA countries that allowed foreign bank entry have better banking service access, competition and depth than SSA countries that restrict banking industries to foreign ownership. Econometric estimation result shows a foreign bank asset share has a direct positive effect on economic growth. The findings of this study provide imperative policy implication to SSA countries that did not open their banking sector to foreign investment. They could open the door for foreign bank involvement in the banking industries and reap all the good benefits that SSA countries that open their banking industries to foreign investors are enjoying.

Suggested Citation

  • Fetene Bogale Hunegnaw & Adem Feto Bedhaso & Christian Nsiah, 2021. "A dynamic analysis on foreign bank entry Nexus economic growth in Sub-Sahara African countries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 9(1), pages 1991084-199, January.
  • Handle: RePEc:taf:oaefxx:v:9:y:2021:i:1:p:1991084
    DOI: 10.1080/23322039.2021.1991084
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23322039.2021.1991084
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/23322039.2021.1991084?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oaefxx:v:9:y:2021:i:1:p:1991084. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/OAEF20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.