On the Causal Link between Financial Development and Economic Growth: Case of Jordan
This paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does econo...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | article |
| Published: |
2016
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/11073/25080 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1864513438464606208 |
|---|---|
| author | AbuAl-Foul, Bassam |
| author2 | Genc, Ismail Darayseh, Musa |
| author2_role | author author |
| author_facet | AbuAl-Foul, Bassam Genc, Ismail Darayseh, Musa |
| author_role | author |
| dc.creator.none.fl_str_mv | AbuAl-Foul, Bassam Genc, Ismail Darayseh, Musa |
| dc.date.none.fl_str_mv | 2016 2022-11-30T07:06:05Z 2022-11-30T07:06:05Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | Abu Al-Foul, B.M., Genc, I., Darayseh, M. (2016). On the causal link between financial development and economic growth: Case of Jordan. Corporate Ownership & Control, 13(2-3), 518-520. https://doi.org/10.22495/cocv13i2c3p2 1727-9232 http://hdl.handle.net/11073/25080 10.22495/cocv13i2c3p2 |
| dc.language.none.fl_str_mv | en_US |
| dc.publisher.none.fl_str_mv | Virtus Interpress |
| dc.relation.none.fl_str_mv | https://doi.org/10.22495/cocv13i2c3p2 |
| dc.subject.none.fl_str_mv | Financial Development Jordan Economic Growth |
| dc.title.none.fl_str_mv | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| dc.type.none.fl_str_mv | Peer-Reviewed Published version info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | This paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does economic growth promotes financial development? Using Toda and Yamamoto (1995) Granger-no-causality model, the results reveal that there is a uni-directional Granger causality from economic growth to financial development (as defined by log (DC/GDP)). |
| format | article |
| id | aus_3fbc8bce86327816d5a65b40898839bb |
| identifier_str_mv | Abu Al-Foul, B.M., Genc, I., Darayseh, M. (2016). On the causal link between financial development and economic growth: Case of Jordan. Corporate Ownership & Control, 13(2-3), 518-520. https://doi.org/10.22495/cocv13i2c3p2 1727-9232 10.22495/cocv13i2c3p2 |
| language_invalid_str_mv | en_US |
| network_acronym_str | aus |
| network_name_str | aus |
| oai_identifier_str | oai:repository.aus.edu:11073/25080 |
| publishDate | 2016 |
| publisher.none.fl_str_mv | Virtus Interpress |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | On the Causal Link between Financial Development and Economic Growth: Case of JordanAbuAl-Foul, BassamGenc, IsmailDarayseh, MusaFinancial DevelopmentJordanEconomic GrowthThis paper empirically examines the causal relation between financial development and economic growth in the case of Jordan for the period 1965 to 2004. That is, the paper attempts to provide answers to the following questions: a) Does financial development promotes economic growth? Or b) Does economic growth promotes financial development? Using Toda and Yamamoto (1995) Granger-no-causality model, the results reveal that there is a uni-directional Granger causality from economic growth to financial development (as defined by log (DC/GDP)).Virtus Interpress2022-11-30T07:06:05Z2022-11-30T07:06:05Z2016Peer-ReviewedPublished versioninfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfAbu Al-Foul, B.M., Genc, I., Darayseh, M. (2016). On the causal link between financial development and economic growth: Case of Jordan. Corporate Ownership & Control, 13(2-3), 518-520. https://doi.org/10.22495/cocv13i2c3p21727-9232http://hdl.handle.net/11073/2508010.22495/cocv13i2c3p2en_UShttps://doi.org/10.22495/cocv13i2c3p2oai:repository.aus.edu:11073/250802024-08-22T11:42:02Z |
| spellingShingle | On the Causal Link between Financial Development and Economic Growth: Case of Jordan AbuAl-Foul, Bassam Financial Development Jordan Economic Growth |
| status_str | publishedVersion |
| title | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| title_full | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| title_fullStr | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| title_full_unstemmed | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| title_short | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| title_sort | On the Causal Link between Financial Development and Economic Growth: Case of Jordan |
| topic | Financial Development Jordan Economic Growth |
| url | http://hdl.handle.net/11073/25080 |