Trade openness-financial development nexus: Bounds testing approach and causality tests for Tunisia
This paper addresses the issue of causal relationships between trade openness and financial development in Tunisia over the period 1973-2013. We used the Autoregressive Distributed Lag method considering the ratio of Liquid liabilities, Private credit and Stock market capitalization as financial dev...
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| Format: | Article |
| Language: | English |
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Editura ASE Bucuresti
2015-12-01
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| Series: | Romanian Economic Journal |
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| Online Access: | http://www.rejournal.eu/article/trade-openness-financial-development-nexus-bounds-testing-approach-and-causality-tests |