Threshold Effect Between Stock Market and Long-term Economic Growth in Côte d’Ivoire

Oyibo Paul Vivien, Anzian Kouamé Marcel, Djeban Koffi Mouroufie Emmanuel and Brou Djandji Emmanuel

International Journal of Economics and Finance, 2023, vol. 15, issue 2, 62

Abstract: This paper provides an empirical assessment of the relationship between stock market development and long-run growth in Côte d’Ivoire over the period 1993-2020. The cointegration results between the variables reveal a long-run relationship between economic growth and its determinants. Furthermore, the results of the quadratic model estimates show a threshold of the level of development that reduces the long-term growth in Côte d’Ivoire. Finally, the results of this study could guide the competent authorities in the elaboration of efficient economic policies to favour the development of the financial market.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ccsenet.org/journal/index.php/ijef/article/download/0/0/48328/51982 (application/pdf)
https://ccsenet.org/journal/index.php/ijef/article/view/0/48328 (text/html)

Related works:
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:ibn:ijefaa:v:15:y:2023:i:2:p:62

Access Statistics for this article

More articles in International Journal of Economics and Finance from Canadian Center of Science and Education Contact information at EDIRC.
Bibliographic data for series maintained by Canadian Center of Science and Education ().