Emilomo Masade

[ 1 ] - Investigating Causal Relationship between Financial Development Indicators and Economic Growth: Toda and Yamamoto Approach

T he Causal relationship between financial development and economic growth has received divergent views in the literature under the traditional Granger approach to causality using data from various countries. The more recent Toda and Yamamoto and Dolado and Lütkepohl (TYDL) approach to causality were used to investigate the causal relationship between financial development and econom...