On the causal link between financial development and economic growth: Case of jordan

Bassam M. AbuAl-Foul; Ismail Genc; Musa Darayseh

doi:10.22495/cocv13i2c3p2

On the causal link between financial development and economic growth: Case of jordan

Bassam M. AbuAl-Foul
, Ismail Genc
, Musa Darayseh

American University of Sharjah

Araştırma sonucu: Dergiye katkı › Makale › bilirkişi

1 Atıf (Scopus)

Özet

This paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does economic growth promotes financial development? Using Toda and Yamamoto (1995) Granger-no-causality model, the results reveal that there is a uni-directional Granger causality from economic growth to financial development (as defined by log (DC/GDP)).

Orijinal dil	İngilizce
Sayfa (başlangıç-bitiş)	518-520
Sayfa sayısı	3
Dergi	Corporate Ownership and Control
Hacim	13
Basın numarası	2CONT3
DOI'lar	https://doi.org/10.22495/cocv13i2c3p2
Yayın durumu	Yayınlandı - 1 Ara 2016
Harici olarak yayınlandı	Evet

Bibliyografik not

Publisher Copyright:
© 2016, Virtus Interpress. All rights reserved.

Belgeye Erişim

10.22495/cocv13i2c3p2

Diğer Dosyalar ve Linkler

Link to publication in Scopus

Alıntı Yap

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title = "On the causal link between financial development and economic growth: Case of jordan",

abstract = "This paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does economic growth promotes financial development? Using Toda and Yamamoto (1995) Granger-no-causality model, the results reveal that there is a uni-directional Granger causality from economic growth to financial development (as defined by log (DC/GDP)).",

keywords = "Economic growth, Financial development, Granger non-causality, Jordan, MENA",

author = "AbuAl-Foul, \{Bassam M.\} and Ismail Genc and Musa Darayseh",

year = "2016",

month = dec,

day = "1",

doi = "10.22495/cocv13i2c3p2",

language = "English",

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TY - JOUR

T1 - On the causal link between financial development and economic growth

T2 - Case of jordan

AU - AbuAl-Foul, Bassam M.

AU - Genc, Ismail

AU - Darayseh, Musa

PY - 2016/12/1

Y1 - 2016/12/1

N2 - This paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does economic growth promotes financial development? Using Toda and Yamamoto (1995) Granger-no-causality model, the results reveal that there is a uni-directional Granger causality from economic growth to financial development (as defined by log (DC/GDP)).

AB - This paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does economic growth promotes financial development? Using Toda and Yamamoto (1995) Granger-no-causality model, the results reveal that there is a uni-directional Granger causality from economic growth to financial development (as defined by log (DC/GDP)).

KW - Economic growth

KW - Financial development

KW - Granger non-causality

KW - Jordan

KW - MENA

UR - https://www.scopus.com/pages/publications/84959220330

U2 - 10.22495/cocv13i2c3p2

DO - 10.22495/cocv13i2c3p2

M3 - Article

AN - SCOPUS:84959220330

SN - 1727-9232

VL - 13

SP - 518

EP - 520

JO - Corporate Ownership and Control

JF - Corporate Ownership and Control

IS - 2CONT3

ER -

On the causal link between financial development and economic growth: Case of jordan

Özet

Bibliyografik not

Belgeye Erişim

Diğer Dosyalar ve Linkler

Parmak izi

Alıntı Yap