Finance-growth nexus evidence from a GMM panel VAR approach

المؤلفون

  • Ahmad Hussien Battal

    ahmed.battall@uoanbar.edu.iq

  • Muhannad Khalifah Obed

    dr.muhannadkhalifa@uofallujah.edu.iq

  • Ihsan Ali Hassan

    ihsan@uodiyala.edu.iq

الملخص

In the context of the period following the 2011-2018 civil protests, this paper examines the dynamic endogenous relationship between finance and economic growth in a sample representing 12 MENA countries by adopting a GMM panel VAR approach. Chow test to check for structural changes during the study period. In addition, we use the Granger causality to determine the direction of causal influence of the relationship between variables. The results of the study gave evidence of a negative relationship between financing and economic growth for the period following the civil protests (2011- 2018), while the results did not indicate a relationship between economic growth and finance for the period preceding the protests 2000-2010).

الكلمات المفتاحية:

GMM panel VAR، Financial Development، Economic Growth، MENA countries

التنزيلات

منشور

2021-12-18
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كيفية الاقتباس

Ahmad Hussien Battal, Muhannad Khalifah Obed, & Ihsan Ali Hassan. (2021). Finance-growth nexus evidence from a GMM panel VAR approach. مجلة اقتصاديات الاعمال للبحوث التطبيقية, (خاص – ج2). استرجع في من https://uofbejar.net/index.php/new/article/view/99