Finance-Growth Nexus: Evidence from Angola

Does Financial Development Affect Economic Growth Asymmetrically in Algeria? Evidence from a PCA-Based NARDL Model

This study examines whether financial development affects economic growth asymmetrically in Algeria using annual data for 1980–2020. Algeria represents a particularly relevant case because its hydrocarbon dependence, bank-based financial system, strong state involvement in banking, and exposure to oil-price and macroec...

Financial Market Development as a Driver of Foreign Direct Investment: Evidence from MENA Region

This study, which utilized the Panel ARDL model on data from 12 MENA countries spanning the period 1990–2021, intends to examine the effects of financial market evolution on flows of foreign direct investment (FDI). The results confirmed a strong, long-term equilibrium between the variables. In the long term, financial...

Asean growth dynamics: Challenging the dominance of monetary expansion

This study examines the dynamic relationship between money supply and economic growth in ten ASEAN economies using a modified Quantity Theory of Money framework incorporating inflation and foreign direct investment (FDI). Balanced panel data covering 2000-2024 are analyzed using the two-step System Generalized Method o...

The Relationship Between Financial Depth and Financial Inclusion and its Impact on Economic Growth: An Econometric Analysis

This research analyzes the impact of financial depth and financial inclusion on economic growth in Iraq, while also examining their combined effect through an interaction term that captures the complementary dimension of the financial sector. The study adopts an econometric approach using the Autoregressive Distributed...

THE NEXUS BETWEEN INCOME INEQUALITY AND CO2 EMISSIONS: EMPIRICAL EVIDENCE FROM TÜRKİYE

This study examines the short- and long-run relationships among per-capita CO₂ emissions, per-capita income, income inequality, foreign direct investment (FDI), financial development, and trade openness in Türkiye from 1975 to 2022. The study analyzes these relationships using the Autoregressive Distributed Lag (ARDL)...

Trade openness, financial development, and economic growth in Ghana: new empirical evidence