Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries

Cilt: 5 Sayı: 4 1 Aralık 2015
  • Ahmed Khattab
  • Mpabe Bodjongo Mathieu Juliot
  • İhadiyan Abid
International Journal of Economics and Financial Issues Kapak
International Journal of Economics and Financial Issues
PDF İndir
EN

Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries

Abstract

The objective of this article consists in examining the interactions between the financial development, financial instability and economic growth in the Maghreb countries. The analysis covering the period of 1995-2013 relates to a sample of five countries of the region. By using the World Bank data (2013) and the Heritage Foundation data (2013), the panel VAR model estimation revealed that (a) the financial development has positive effects on itself but a negative impact on the financial instability as well as a combined impact on the economic growth. (b) The financial instability has a negative impact on the financial development, a positive impact on itself and a combined effect on the economic growth. (c) The economic growth promotes the financial development and the financial instability; it has also a positive effect on itself. (d) Finally, the financial liberalization in a less corrupt environment promotes the financial development.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Ahmed Khattab Bu kişi benim

Mpabe Bodjongo Mathieu Juliot Bu kişi benim

İhadiyan Abid Bu kişi benim

Yayımlanma Tarihi

1 Aralık 2015

Gönderilme Tarihi

1 Aralık 2015

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2015 Cilt: 5 Sayı: 4

IZ

https://izlik.org/JA82DZ66PT

Kaynak Göster

RIS / Bibtex
APA
Khattab, A., Juliot, M. B. M., & Abid, İ. (2015). Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries. International Journal of Economics and Financial Issues, 5(4), 1043-1054. https://izlik.org/JA82DZ66PT
AMA
1.Khattab A, Juliot MBM, Abid İ. Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries. IJEFI. 2015;5(4):1043-1054. https://izlik.org/JA82DZ66PT
Chicago
Khattab, Ahmed, Mpabe Bodjongo Mathieu Juliot, ve İhadiyan Abid. 2015. “Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries”. International Journal of Economics and Financial Issues 5 (4): 1043-54. https://izlik.org/JA82DZ66PT.
EndNote
Khattab A, Juliot MBM, Abid İ (01 Aralık 2015) Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries. International Journal of Economics and Financial Issues 5 4 1043–1054.
IEEE
[1]A. Khattab, M. B. M. Juliot, ve İ. Abid, “Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries”, IJEFI, c. 5, sy 4, ss. 1043–1054, Ara. 2015, [çevrimiçi]. Erişim adresi: https://izlik.org/JA82DZ66PT
ISNAD
Khattab, Ahmed - Juliot, Mpabe Bodjongo Mathieu - Abid, İhadiyan. “Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries”. International Journal of Economics and Financial Issues 5/4 (01 Aralık 2015): 1043-1054. https://izlik.org/JA82DZ66PT.
JAMA
1.Khattab A, Juliot MBM, Abid İ. Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries. IJEFI. 2015;5:1043–1054.
MLA
Khattab, Ahmed, vd. “Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries”. International Journal of Economics and Financial Issues, c. 5, sy 4, Aralık 2015, ss. 1043-54, https://izlik.org/JA82DZ66PT.
Vancouver
1.Ahmed Khattab, Mpabe Bodjongo Mathieu Juliot, İhadiyan Abid. Financial Development, Financial Instability and Economic Growth: The Case of Maghreb Countries. IJEFI [Internet]. 01 Aralık 2015;5(4):1043-54. Erişim adresi: https://izlik.org/JA82DZ66PT