The Impact of Banks and Stock Market Development on Economic Growth in South Africa: an ARDL-bounds Testing Approach

This paper examines the impact of both bank- and market-based financial development on economic growth in South Africa during the period from 1980 to 2012. Unlike some previous studies, the current study employs means-removed average to construct both bank- and market-based financial development ind...

Full description

Saved in:
Bibliographic Details
Main Authors: Sheilla Nyasha, Nicholas M. Odhiambo
Format: Article
Language:English
Published: VIZJA University 2015-04-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/389
Tags: Add Tag
No Tags, Be the first to tag this record!