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Financial Development, Growth and Poverty Reduction: Evidence from Ghana

Sin-Yu Ho and Bernard Njindan Iyke

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we re-assess the finance-growth-poverty linkage in Ghana during the period 1960–2015. We account for structural changes and omitted variable bias, using a modified multivariate distributed lag framework. We find financial development to cause economic growth, which in turn causes poverty reduction in Ghana. This has useful policy implications.

Keywords: Financial Development; Economic Growth; Poverty Reduction; Ghana. (search for similar items in EconPapers)
JEL-codes: C32 E44 I32 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-fdg, nep-his and nep-mac
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