Financial Development and Economic Growth: The Empirical Evidence of the Southern Mediterranean Countries

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 ambi...

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Bibliographic Details
Main Authors: Mohamed Aydi, Abdelkader Aguir
Format: Article
Language:English
Published: EconJournals 2017-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32021/354226?publisher=http-www-cag-edu-tr-ilhan-ozturk