Does crude oil price, financial development, and trade openness reflect on African oil-rich countries' economic growth?

This study investigates empirically the long-and short-run impact of crude oil price and financial globalization on economic growth and financial development in selected oil-rich African countries. The data usage covers 1980 to 2021 by applying the autoregressive distributed lag (ARDL) modeling to d...

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Bibliographic Details
Main Authors: Ahmed Krouso, Ahmed Krouso, Loganathan, Nanthakumar, Subramaniam, Yogeeswari, Mursitama, Tirta Nugraha
Format: Article
Language:English
Published: Institute of Economics (Zagreb) 2023
Subjects:
Online Access:http://eprints.utm.my/106440/1/NanthakumarLoganathan2023_DoesCrudeOilPriceFinancialDevelopment.pdf