Asymmetric impact of microfinance on economic growth: Evidence from Bosnia and Herzegovina
This study explores the correlation between microfinance loans (MFL) and economic growth in Bosnia and Herzegovina (Bosnia). It utilizes the non-linear Autoregressive Distributed Lag (NARDL) method to examine cointegration and short-run dynamics by analyzing quarterly data spanning from 2010 to 2022...
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Format: | Article |
Language: | English |
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Elsevier
2023-12-01
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Series: | Heliyon |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S240584402309998X |