Financial liberalisation, financial development and economic growth in cameroon: a tri-variate vector error correction modelling approach

نویسندگان

چکیده

The aim of this study is to analyse the relationship between financial liberalization, development and economic growth in Cameroon. Use made a tri- variate VAR model on Cameroon data for period 1973- 2017. results obtained show that liberalisation positively affect growth. Though does not individually cause growth, when considered with liberalisation, they jointly growth.Financial are found granger development. Financial causes while only impulse response functions reveal responds both though effect soon fates out become negative.Financial react innovations negatively growth.As concerns it Also,variance decomposition reveals variations mostly explained by its past values, followed finally part also values Based all these, policy recommendation we make on-going process country should be enhanced view permitting sector efficiently play role country.

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ژورنال

عنوان ژورنال: Journal of management and science

سال: 2022

ISSN: ['2249-1260', '2250-1819']

DOI: https://doi.org/10.26524/jms.12.45