Stock market development and economic growth in Tanzania: an ARDL and bound testing approach

Purpose – The purpose of this paper is to contribute to empirical evidence by recognizing the importance of stock markets in the financial system and consequently its causality to economic growth and vice versa. Design/methodology/approach – The study used the autoregressive distribute lag model (AR...

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Bibliographic Details
Main Author: Saganga Mussa Kapaya
Format: Article
Language:English
Published: Emerald Publishing 2020-08-01
Series:Review of Economics and Political Science
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/REPS-11-2019-0150/full/pdf?title=stock-market-development-and-economic-growth-in-tanzania-an-ardl-and-bound-testing-approach