Financial Development and Economic Growth in North African Region
Harrathi, Nizar . 2103
This paper empirically investigates the relationship between financial development and economic growth in the North Africa region, using a panel regression and different indicators of financial development. We find that the relation depends on the type of the indicator of financial development. In fact, while both financial institutions and markets in Morocco and Tunisia have a positive effect on the economic growth, only the financial markets in Egypt will improve economic growth by increasing the supply of financial services. For Algeria, the banking system has a positive effect on economic growth.
This paper examines the causal relationship between renewable energy consumption, real GDP, trade and financial development for the GCC countries during the period 1980-2012. Compared to the…
This paper examines the impact of the market power on banks performance and efficiency in Islamic and Conventional banks in the GCC banking sector over the period 2010-2016. We investigate whether…
We examine and test the validity of the expectation hypothesis of the term structure (EHTS) of interest rates in Saudi Arabia using the traditional single equation approach, Campbell and Shiller…