Linear and non-linear ARDL estimation of financial innovation and economic growth in Ghana
نویسندگان
چکیده
Purpose This study aimed to explore the effect of Financial Innovation (FI) on economic growth in Ghana, with a dataset spanning 1960–2019, adopting broader conceptualization FI as ratio broad money narrow money. Design/methodology/approach The employs non-linear autoregressive distributed lag (ARDL) time series econometric model estimate data from World Bank (1960–2019). Findings There is no evidence that significantly impacts growth. could be due early and strict regulation financial technology (FIN-TECH) sector general inconclusiveness impact development Practical implications Policymakers must empirically transformational FI. Originality/value paper among first apply estimating
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ژورنال
عنوان ژورنال: Journal of business and socio-economic development
سال: 2022
ISSN: ['2635-1374', '2635-1692']
DOI: https://doi.org/10.1108/jbsed-09-2021-0128