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...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
VIZJA University
2015-04-01
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| Series: | Contemporary Economics |
| Online Access: | http://ce.vizja.pl/en/download-pdf/id/389 |
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