Stock Market Efficiency Promotes Economic Development: Empirical Evidence from Africa
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- Anthony Olugbenga Adaramola & Modupe F. Popoola, 2019. "Long and Short Run Relationship between Stock Market Development and Economic Growth in Nigeria," Journal of Economics and Behavioral Studies, AMH International, vol. 11(5), pages 45-53.
- Klagge Britta & Zademach Hans-Martin, 2018. "International capital flows, stock markets, and uneven development: the case of Sub-Saharan Africa and the Sustainable Stock Exchanges Initiative (SSEI)," ZFW – Advances in Economic Geography, De Gruyter, vol. 62(2), pages 92-107, May.
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More about this item
Keywords
Economic Growth; Stock Market Development; Panel Vector Error Correction Model; Co-integration;All these keywords.
JEL classification:
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
- G20 - Financial Economics - - Financial Institutions and Services - - - General
- O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
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