Finance and growth in Africa: the broken link

Utilizing the latest panel cointegration methods we provide new empirical evidence from 18 countries that suggests that the link between finance and growth in Sub- Saharan Africa is ‘broken’. Specifically, our findings show that banking system development in this region follows economic growth. They...

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Bibliographic Details

Main Authors:	Panicos Demetriades, Gregory James
Format:	Default Article
Published:	2011
Subjects:	Other economics not elsewhere classified Panel cointegration Cross-sectional dependence African financial under-development Economics Economics not elsewhere classified
Online Access:	https://hdl.handle.net/2134/15333
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