Financial Development and Economic Growth in Developing Countries
Journal of Economics and Management Sciences
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Title |
Financial Development and Economic Growth in Developing Countries
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Creator |
Gbagbeu, Kando Serge
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Description |
In this study, we concern mainly about the short and long-run relationship between economic growth and financial development. We use a multi-steps methodology, namely the Autoregressive Distributed Lag (ARDL) approach and the Vector Error Correction Model (VECM) approach to test this relationship in Côte d’Ivoire from 1980 to 2014. Following our results, we conclude that there is a unidirectional causal relationship, both long run and short run, between GDP per capita and financial development index in Côte d’Ivoire running from economic growth to financial development.
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Publisher |
IDEAS SPREAD INC
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Date |
2018-10-14
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://j.ideasspread.org/index.php/jems/article/view/147
10.30560/jems.v1n2p94 |
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Source |
Journal of Economics and Management Sciences; Vol 1 No 2 (2018); p94
2576-3016 2576-3008 |
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Language |
eng
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Relation |
https://j.ideasspread.org/index.php/jems/article/view/147/100
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Coverage |
Financial development and Economic growth in Côte d’Ivoire
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Rights |
Copyright (c) 2018 Kando Serge Gbagbeu
http://creativecommons.org/licenses/by/4.0 |
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