Does Informality and Trade Openness Impact Long Run Growth? Empirical Evidence from Ghana

被引:0
|
作者
Mawusi, Charles K. [1 ]
机构
[1] Univ Bordeaux, Bordeaux, France
来源
ECONOMICS BULLETIN | 2021年 / 41卷 / 01期
关键词
ECONOMIC-GROWTH; FINANCIAL DEVELOPMENT;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using an Autoregressive Distributed Lag (ARDL) technique, and the Granger causality test, this paper examines the dynamic relationship between economic growth, the size of the informal economy, and trade openness in Ghana. Our results provide evidence of a positive and bidirectional causality between the size of the informal economy and economic growth. Moreover, we find that openness to trade has a significant causal effect on the prevalence of informal activities and economic growth.
引用
收藏
页码:28 / 35
页数:8
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