Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries
This paper analyzes empirically the links between financial development and the economic growth of the (SMC). The study is based on a VAR approach: The Johansen Tests for Cointegration and VECM models. The debate on the relation between the financial sphere and the real economic sphere was very ambi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2017-09-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32021/354226?publisher=http-www-cag-edu-tr-ilhan-ozturk |