Finance and growth in Africa: The broken link
Panicos Demetriades () and
Gregory James ()
Economics Letters, 2011, vol. 113, issue 3, 263-265
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)
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Working Paper: Finance and Growth in Africa: The Broken Link (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:3:p:263-265
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