Finance and growth in Africa: The broken link

Panicos Demetriades and Gregory James ()

Economics Letters, 2011, vol. 113, issue 3, 263-265

Abstract: While bank liabilities in Sub-Saharan Africa are found to follow (but not lead) economic growth, the link between bank credit and growth is altogether absent.

Keywords: Panel cointegration; Cross-sectional dependence; African financial under-development (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (46)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176511003089
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Finance and Growth in Africa: The Broken Link (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:3:p:263-265

DOI: 10.1016/j.econlet.2011.08.007

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().