Financial Development and Economic Growth in the North African Region

被引:18
|
作者
Kouki, Imen [1 ]
机构
[1] Univ Dubai, Dubai, U Arab Emirates
关键词
EQUITY MARKETS;
D O I
10.1111/1467-8268.12049
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This paper empirically investigates the relationship between financial development and economic growth in the North Africa region, using a panel regression and different indicators of financial development. We find that the relation depends on the type of the indicator of financial development. In fact, while both financial institutions and markets in Morocco and Tunisia have a positive effect on the economic growth, only the financial markets in Egypt will improve economic growth by increasing the supply of financial services. For Algeria, the banking system has a positive effect on economic growth.
引用
收藏
页码:551 / 562
页数:12
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