Financial development, trade openness and economic growth in MENA countries: TYDL panel causality approach

This paper examines the causal relationship between financial development (measured as Kaopen index and Line and Milesi-Ferreti index), trade openness and economic growth for 16 MENA countries within the panel co-integration techniques, panel VAR model and TYDL (Toda, Yamamoto, Dolado and Lutkepohl)...

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Bibliographic Details
Main Authors: Hicham AYAD, Mostéfa BELMOKADDEM
Format: Article
Language:English
Published: General Association of Economists from Romania 2017-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1259.pdf