메뉴 건너뛰기




Volumn 28, Issue 3, 2004, Pages 271-288

The finance growth nexus: Evidence from sub-Saharan Africa

Author keywords

Causality; Cointegration; Economic growth; Financial development; Sub Saharan Africa

Indexed keywords

BANKING; ECONOMIC GROWTH; FINANCIAL MARKET; FINANCIAL SERVICES;

EID: 11144261802     PISSN: 03934551     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article
Times cited : (51)

References (29)
  • 1
    • 0031451368 scopus 로고    scopus 로고
    • "Financial Development and Economic Growth: Assessing the Evidence"
    • Arestis, P. and Demetriades, P. (1997). "Financial Development and Economic Growth: Assessing the Evidence", Economic Journal, 107 (442), p.783-799.
    • (1997) Economic Journal , vol.107 , Issue.442 , pp. 783-799
    • Arestis, P.1    Demetriades, P.2
  • 3
    • 0028885894 scopus 로고
    • "Financial Development and Economic Growth"
    • De Gregorio, J. and Guidotti, P.E. (1995). "Financial Development and Economic Growth", World Development, 23 (3), p. 433-448.
    • (1995) World Development , vol.23 , Issue.3 , pp. 433-448
    • De Gregorio, J.1    Guidotti, P.E.2
  • 4
    • 0000965383 scopus 로고    scopus 로고
    • "Does Financial Development Cause Economic Growth? Time Series Evidence from 16 Countries"
    • Demetriades, P. and Hussein, K. (1996). "Does Financial Development Cause Economic Growth? Time Series Evidence from 16 Countries", Journal of Development Economics, 51, p.387-411.
    • (1996) Journal of Development Economics , vol.51 , pp. 387-411
    • Demetriades, P.1    Hussein, K.2
  • 6
    • 0000013567 scopus 로고
    • "Co-integration and Error Correction: Representation, Estimation and Testing"
    • Engle, R.F, and Granger, C.W.J. (1987). "Co-integration and Error Correction: Representation, Estimation and Testing", Econometrica 55, p.251-276.
    • (1987) Econometrica , vol.55 , pp. 251-276
    • Engle, R.F.1    Granger, C.W.J.2
  • 7
    • 0002729415 scopus 로고
    • "Time Series Evidence of the Causal Relationship between Financial Deepening and Economic Development"
    • July
    • Fritz, R.G. (1984). "Time Series Evidence of the Causal Relationship between Financial Deepening and Economic Development", Journal of Economic Development, 9, 1 (July): p.91-112.
    • (1984) Journal of Economic Development , vol.9 , Issue.1 , pp. 91-112
    • Fritz, R.G.1
  • 8
    • 0042882392 scopus 로고
    • A Cross Section Analysis of Financial Policies, Efficiency, and Growth
    • PPR Working Paper No. 202, Washington D.C.: World Bank
    • Gelb A.H (1989). A Cross Section Analysis of Financial Policies, Efficiency, and Growth. PPR Working Paper No. 202, Washington D.C.: World Bank.
    • (1989)
    • Gelb, A.H.1
  • 10
    • 0000351727 scopus 로고
    • "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods"
    • Granger, C.W.J. (1969). "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods", Econometrica, 37, p. 24-36.
    • (1969) Econometrica , vol.37 , pp. 24-36
    • Granger, C.W.J.1
  • 11
    • 0345510809 scopus 로고
    • "Statistical Analysis of Cointegration Vectors"
    • Johansen, S. (1988). "Statistical Analysis of Cointegration Vectors", Journal of Economic Dynamics and Control, 12, p. 231-254.
    • (1988) Journal of Economic Dynamics and Control , vol.12 , pp. 231-254
    • Johansen, S.1
  • 12
    • 84981579311 scopus 로고
    • "Maximum Likelihood Estimation and Inference on Cointegration -with Application to the Demand for Money"
    • Johansen, S. and Juselius, K. (1990). "Maximum Likelihood Estimation and Inference on Cointegration -with Application to the Demand for Money", Oxford Bulletin of Economics and Statistics, 52, p. 169-210.
    • (1990) Oxford Bulletin of Economics and Statistics , vol.52 , pp. 169-210
    • Johansen, S.1    Juselius, K.2
  • 13
    • 0000158117 scopus 로고
    • "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models"
    • Johansen, S. (1991). "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models", Econometrica, 59, p. 1551-1580.
    • (1991) Econometrica , vol.59 , pp. 1551-1580
    • Johansen, S.1
  • 14
    • 0022852371 scopus 로고
    • "Financial Development and Economic Growth: International Evidence"
    • Jung, W.S. (1986). "Financial Development and Economic Growth: International Evidence", Economic Development and Cultural Change 34(2), p. 333-346.
    • (1986) Economic Development and Cultural Change , vol.34 , Issue.2 , pp. 333-346
    • Jung, W.S.1
  • 15
    • 34247482883 scopus 로고
    • "Finance and Growth: Schumpeter Might Be Right"
    • King, R.G. and Levine R. (1993a). "Finance and Growth: Schumpeter Might Be Right", Quarterly Journal of Economics, 108 (3), p. 717-737.
    • (1993) Quarterly Journal of Economics , vol.108 , Issue.3 , pp. 717-737
    • King, R.G.1    Levine, R.2
  • 16
    • 34248645054 scopus 로고
    • "Finance, Entrepreneurship, and Growth: Theory and Evidence"
    • King, R.G. and Levine, R. (1993b). "Finance, Entrepreneurship, and Growth: Theory and Evidence," Journal of Monetary Economics, 32 (3), p. 513-542.
    • (1993) Journal of Monetary Economics , vol.32 , Issue.3 , pp. 513-542
    • King, R.G.1    Levine, R.2
  • 17
    • 0026959873 scopus 로고
    • "A Sensitivity Analysis of Cross-Country Growth Regressions"
    • Levine, R. and D. Renelt (1992). "A Sensitivity Analysis of Cross-Country Growth Regressions", American Economic Review, 82, p. 942-963.
    • (1992) American Economic Review , vol.82 , pp. 942-963
    • Levine, R.1    Renelt, D.2
  • 18
    • 0000329790 scopus 로고    scopus 로고
    • "Financial Development and Economic Growth: Views and Agenda"
    • Levine, R. (1997). "Financial Development and Economic Growth: Views and Agenda", Journal of Economic Literature, 35, p. 688-726.
    • (1997) Journal of Economic Literature , vol.35 , pp. 688-726
    • Levine, R.1
  • 19
    • 0033461211 scopus 로고    scopus 로고
    • "A Ouantitative Reassessment of the Finance-Growth Nexus: Evidence from a Multivariate VAR"
    • Luintel, K.B. and Khan, M. (1999). "A Ouantitative Reassessment of the Finance-Growth Nexus: Evidence from a Multivariate VAR", Journal of Development Economics, 60, p. 381-405.
    • (1999) Journal of Development Economics , vol.60 , pp. 381-405
    • Luintel, K.B.1    Khan, M.2
  • 20
    • 0040793861 scopus 로고    scopus 로고
    • "Measuring Financial Sector Development: A Study of Selected Asia-Pacific Countries"
    • Lynch, D. (1996). "Measuring Financial Sector Development: A Study of Selected Asia-Pacific Countries", Developing Economies, 34(1), p. 3-33.
    • (1996) Developing Economies , vol.34 , Issue.1 , pp. 3-33
    • Lynch, D.1
  • 21
    • 11144256736 scopus 로고
    • "Cointegration and Granger-Causality Testing Of Hypotheses on Supply-Leading and Demand-Following Finance"
    • Lyons, S.E. and Murinde, V. (1994). "Cointegration and Granger-Causality Testing Of Hypotheses on Supply-Leading and Demand-Following Finance", Economic Notes, 23(2), p. 308-316.
    • (1994) Economic Notes , vol.23 , Issue.2 , pp. 308-316
    • Lyons, S.E.1    Murinde, V.2
  • 22
    • 0002378331 scopus 로고
    • "Critical Values for Cointegration Tests"
    • R.F. Engle and C.W.J. Granger (Eds), Oxford University Press, Oxford
    • MacKinnon, J.G. (1991). "Critical Values for Cointegration Tests", in R.F. Engle and C.W.J. Granger (Eds), Long-run Economic Relationships Oxford University Press, Oxford.
    • (1991) Long-run Economic Relationships
    • MacKinnon, J.G.1
  • 24
    • 84963159791 scopus 로고
    • "Financial Development and Economic Growth in Singapore: Demand-Following or Supply-Leading?"
    • Murinde, V. and Eng, F.S.H. (1994). "Financial Development and Economic Growth in Singapore: Demand-Following or Supply-Leading?" Applied Financial Economics, 4(6), p. 391-404.
    • (1994) Applied Financial Economics , vol.4 , Issue.6 , pp. 391-404
    • Murinde, V.1    Eng, F.S.H.2
  • 25
    • 0024879637 scopus 로고
    • "Causalities Between Financial Aggregates and Economic Activities in Nigeria: The Results from Granger's Test"
    • Odedokun, M.O. (1989). "Causalities Between Financial Aggregates and Economic Activities in Nigeria: The Results from Granger's Test", Savings and Development, 23(1), p. 101-111.
    • (1989) Savings and Development , vol.23 , Issue.1 , pp. 101-111
    • Odedokun, M.O.1
  • 26
    • 0000905673 scopus 로고
    • "Financial Development and Economic Growth in Underdeveloped Countries"
    • Patrick, H.T. (1966). "Financial Development and Economic Growth in Underdeveloped Countries", Economic Development and Cultural Change 14, p. 174-189.
    • (1966) Economic Development and Cultural Change , vol.14 , pp. 174-189
    • Patrick, H.T.1
  • 27
    • 21344481029 scopus 로고
    • "Exploring Cross Section Variations for Unit Roots Inference in Dynamic Data"
    • January 1994
    • Quah, D. (1993), "Exploring Cross Section Variations for Unit Roots Inference in Dynamic Data", Economic Letter, January 1994, Vol. 44, No.1, p.9-19.
    • (1993) Economic Letter , vol.44 , Issue.1 , pp. 9-19
    • Quah, D.1
  • 29
    • 0003519529 scopus 로고
    • Financial Deepening in Economic Development
    • New York, Oxford University Press
    • Shaw, E.S. (1973). Financial Deepening in Economic Development, New York, Oxford University Press.
    • (1973)
    • Shaw, E.S.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.