Determinants of financial development in Africa: How robust is the interactive effect of trade openness and human capital?

This study examines the determinants of financial sector development in Africa relying on data for 46 countries spanning 1980–2015 using the system generalized method of moments. More importantly, we investigate the issue of whether the interaction of trade openness and human capital can explain fin...

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Bibliographic Details
Published in:Economic analysis and policy 2018-12, Vol.60, p.18-26
Main Authors: Ibrahim, Muazu, Sare, Yakubu Awudu
Format: Article
Language:English
Subjects:
Africa
Financial development
GMM
Human capital
Trade openness
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