Finance and growth in Africa: The broken link

被引：37

作者：

Demetriades, Panicos O. ^{[2
]}

James, Gregory A. ^{[1
]}

机构：

[1] Univ Loughborough, Sch Business & Econ, Loughborough LE11 3TU, Leics, England

[2] Univ Leicester, Dept Econ, Leicester LE1 7RH, Leics, England

来源：

ECONOMICS LETTERS | 2011年 / 113卷 / 03期

关键词：

Panel cointegration; Cross-sectional dependence; African financial under-development; ERROR-CORRECTION; UNIT ROOTS; PANEL; TESTS;

D O I：

10.1016/j.econlet.2011.08.007

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

While 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. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：263 / 265

页数：3

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