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Assessing the Impact of Financial Development on Economic Growth in Ghana: an Empirical Evidence from 1992 to 2017 Using Multivariate Regression and Regression With Newey-West Standard Errors
2019
Zenodo
The study examines the impact of financial development on economic growth in Ghana in a time-series study from 1992 to 2017. The study employed time-series methodologies such as multivariate regression and regression with Newey-west standard errors. The study concludes that domestic credit to the private sector (financial development) has a direct relationship or strong positive impact on economic growth in Ghana, but trade openness has a negative impact on economic growth meanwhile
doi:10.5281/zenodo.3614823
fatcat:ynxbetzszngerkskxxii7nlldq