Gibogwe, V., Nigo, A. and Kufuor, K. 2022. Empirical Research on Financial Efficiency and Economic Growth in Sub-Saharan Africa. Journal of Research, Innovation and Technologies. 1 (1), pp. 23-32. https://doi.org/10.57017/jorit.v1.1(1).02
| Title | Empirical Research on Financial Efficiency and Economic Growth in Sub-Saharan Africa |
|---|---|
| Type | Journal article |
| Authors | Gibogwe, V., Nigo, A. and Kufuor, K. |
| Abstract | This study contributes to the literature on financial efficiency and growth. We show evidence from the effects of controlling institutional variables given the increase in domestic credit. The domestic credit is adverse, with an insignificant effect on per capita income growth. We make two observations from our findings. First, the negative but insignificant coefficients of the measure of bank credit across all model specifications seem to go against the supply-leading hypothesis, as financial development hurts economic growth; nevertheless, given that the impact is insignificant, this draws more into a neutrality |
| Keywords | foreign direct investment |
| economic growth | |
| absorptive capacity | |
| human capital | |
| market liberalization | |
| Journal | Journal of Research, Innovation and Technologies |
| Journal citation | 1 (1), pp. 23-32 |
| ISSN | 2971-8317 |
| Year | 2022 |
| Publisher | RITHA Publishing |
| Publisher's version | License CC BY 4.0 File Access Level Open (open metadata and files) |
| Digital Object Identifier (DOI) | https://doi.org/10.57017/jorit.v1.1(1).02 |
| Publication dates | |
| Published | 30 Sep 2022 |