EN
Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries
Öz
This paper analyzes empirically the links between financial development and the economic growth of the (SMC). The study is based on a VAR approach: The Johansen Tests for Cointegration and VECM models. The debate on the relation between the financial sphere and the real economic sphere was very ambiguous Some studies have shown a positive association between these two spheres while others presented the opposing view perfectly. On the basis of the data relative to the PSM, observed during period 1981-2014, we tried to show there is or not a positive relationship between the financial development and the economic growth. This relationship and increasingly intense for the role of the banking development and and refers to an innovation effort and modernization of the financial system.
Anahtar Kelimeler
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Eylül 2017
Gönderilme Tarihi
1 Eylül 2017
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2017 Cilt: 7 Sayı: 3
APA
Aydi, M., & Aguir, A. (2017). Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries. International Journal of Economics and Financial Issues, 7(3), 196-209. https://izlik.org/JA82NK42RP
AMA
1.Aydi M, Aguir A. Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries. IJEFI. 2017;7(3):196-209. https://izlik.org/JA82NK42RP
Chicago
Aydi, Mohamed, ve Abdelkader Aguir. 2017. “Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries”. International Journal of Economics and Financial Issues 7 (3): 196-209. https://izlik.org/JA82NK42RP.
EndNote
Aydi M, Aguir A (01 Eylül 2017) Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries. International Journal of Economics and Financial Issues 7 3 196–209.
IEEE
[1]M. Aydi ve A. Aguir, “Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries”, IJEFI, c. 7, sy 3, ss. 196–209, Eyl. 2017, [çevrimiçi]. Erişim adresi: https://izlik.org/JA82NK42RP
ISNAD
Aydi, Mohamed - Aguir, Abdelkader. “Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries”. International Journal of Economics and Financial Issues 7/3 (01 Eylül 2017): 196-209. https://izlik.org/JA82NK42RP.
JAMA
1.Aydi M, Aguir A. Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries. IJEFI. 2017;7:196–209.
MLA
Aydi, Mohamed, ve Abdelkader Aguir. “Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries”. International Journal of Economics and Financial Issues, c. 7, sy 3, Eylül 2017, ss. 196-09, https://izlik.org/JA82NK42RP.
Vancouver
1.Mohamed Aydi, Abdelkader Aguir. Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries. IJEFI [Internet]. 01 Eylül 2017;7(3):196-209. Erişim adresi: https://izlik.org/JA82NK42RP