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Year 2016, Volume: 6 Issue: 4, 1906 - 1910, 01.09.2016

Abstract

Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains

Year 2016, Volume: 6 Issue: 4, 1906 - 1910, 01.09.2016

Abstract

This study reexamines the causal relationship between financial development and poverty reduction for six African countries. To that end, we employ the Granger causality tests in the time and frequency domains. The results from time domain causality analysis indicate that financial development does not causes poverty reduction directly, but poverty reduction causes financial deepening in Nigeria and South Africa. While the frequency domain analysis shows evidence of bidirectional causality between financial development and poverty reduction for Cameroon in long run, and causality from finance to poverty reduction for Gabon in long term. Furthermore, causality from poverty reduction to financial development exists for Nigeria both in short and medium terms and for South Africa over the short, medium and long terms.

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Details

Other ID JA32FY52BC
Journal Section Research Article
Authors

Yaya Keho This is me

Publication Date September 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 4

Cite

APA Keho, Y. (2016). Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains. International Journal of Economics and Financial Issues, 6(4), 1906-1910.
AMA Keho Y. Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains. IJEFI. September 2016;6(4):1906-1910.
Chicago Keho, Yaya. “Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains”. International Journal of Economics and Financial Issues 6, no. 4 (September 2016): 1906-10.
EndNote Keho Y (September 1, 2016) Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains. International Journal of Economics and Financial Issues 6 4 1906–1910.
IEEE Y. Keho, “Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains”, IJEFI, vol. 6, no. 4, pp. 1906–1910, 2016.
ISNAD Keho, Yaya. “Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains”. International Journal of Economics and Financial Issues 6/4 (September 2016), 1906-1910.
JAMA Keho Y. Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains. IJEFI. 2016;6:1906–1910.
MLA Keho, Yaya. “Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains”. International Journal of Economics and Financial Issues, vol. 6, no. 4, 2016, pp. 1906-10.
Vancouver Keho Y. Revisiting the Financial Development and Poverty Reduction Nexus for Sub-Saharan African Countries: Evidence from Causality Tests in the Time and Frequency Domains. IJEFI. 2016;6(4):1906-10.