Cointegration and causality between financial development
and economic growth: evidence from morocco / Abdellatif Chatri, Abdelouahab Maaruf

Abdellatif Chatri; Abdelouahab Maaruf (Mohamed V University, Morocco, 2014)

The debate on the relationship between economic growth and financial development has been

steadily growing in these recent years. However, the existing theoretical and empirical literature provides

conflicting views in this respect. This paper proposes an empirical investigation of the nature of

this relationship in the Moroccan context. More precisely, it explores the cointegrating and the causality

issue between economic growth and financial development. The latter is measured by largely

used indicators. In particular, we use capital market proxy, in addition to the traditional indicators

of financial intermediation. The findings show that financial development explains significantly the

growth, but the direction of causality depends on the indicator used to measure the financial deepening

and the time horizon of analysis (short or long terms).

No. Panggil :	PDF
Entri utama-Nama orang :	Abdellatif Chatri, author


Entri tambahan-Nama orang :	Abdelouahab Maaruf, author


Subjek :	Economics
Penerbitan :	[Place of publication not identified]: Mohamed V University, Morocco, 2014

Sumber Pengatalogan :	LibUI eng rda
ISSN :	23563818
Majalah/Jurnal :	Indonesian Capital Market Review
Volume :	Vol 6 No 1 January 2014 1-18
Tipe Konten :	text
Tipe Media :	computer
Tipe Carrier :	online resource
Akses Elektronik :	http://journal.ui.ac.id/index.php/icmr/article/view/2983
Institusi Pemilik :	Universitas Indonesia
Lokasi :

No. Panggil	No. Barkod	Ketersediaan
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