Financial Development and Economic Growth in the North African Region
African Development Review, 2013, vol. 25, issue 4, 551–562
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.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:adb:adbadr:2093
Ordering information: This journal article can be ordered from
http://ordering.onli ... 1111/(ISSN)1467-8268
Access Statistics for this article
African Development Review is currently edited by Adeleke Oluwole Salami
More articles in African Development Review from African Development Bank 15 Avenue du Ghana P.O.Box 323-1002 Tunis-Belvedère, Tunisia. Contact information at EDIRC.
Bibliographic data for series maintained by John Anyanwu ().