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Nonlinearities in Financial Development–Economic Growth Nexus: Evidence from sub–Saharan Africa (SSA)

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  • Muazu Ibrahim
  • Paul Alagidede

Abstract

The impact of financial development on economic growth has received much attention in recent literature. However, there are potential discontinuities mediating finance–growth nexus that existing empirical studies have not rigorously examined. This study investigates whether the impact of finance on economic growth is conditioned on the initial levels of countries’ income per capita, human capital […]

Suggested Citation

  • Muazu Ibrahim & Paul Alagidede, 2018. "Nonlinearities in Financial Development–Economic Growth Nexus: Evidence from sub–Saharan Africa (SSA)," Working Papers 728, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:728
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    References listed on IDEAS

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    More about this item

    Keywords

    economic growth; financial development; Growth; Qualitative Methods; Quantitative Methods; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • N2 - Economic History - - Financial Markets and Institutions
    • N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania

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