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