les cahiers du mecas
Volume 12, Numéro 1, Pages 48-63
Authors : Gherbi Nacer Salah Eddine . Medjahed Kenza . Halaili Narimene .
This paper explores the finance-growth nexus in eleven Middle East and North Africa countries, using dynamic panel estimation techniques (DOLS and FMOLS) and panel causality test during the period 1980 -2012, also using principal component analysis to build financial development index. The results showed that the relationship between financial deepening and growth is bi-directional in MENA countries: financial development granger – causes growth and growth granger – causes financial development.
financial development, economic growth, dynamic panel data, panel causality test, MENA countries.
Jbir Rafik
.
pages 12-24.
Lakhdar Abdelmalek
.
Youcef Souar
.
pages 782-802.
Gazdar Kaouthar
.
pages 95-112.
Hafsaoui Nour El Houda
.
Khallout Allaoua
.
pages 814-844.
Amnache- Chikh Sabrina
.
Mekhzoumi Lotfi
.
pages 293-305.