Economic Growth and the Development of Financial Markets: Some African Evidence

dc.contributor.author	Félix Zogning Nguimeya
dc.contributor.author	Gaétan Breton
dc.date.accessioned	2014-08-21T05:22:18Z
dc.date.available	2014-08-21T05:22:18Z
dc.date.issued	2013-12
dc.identifier.citation	The Lahore Journal of Business,Vol.01,No.2	en_US
dc.identifier.issn	ISSN 2223-0025
dc.identifier.uri	http://hdl.handle.net/123456789/6193
dc.description	PP.27, ill.	en_US
dc.description.abstract	The purpose of this study is to determine if African stock markets have contributed to a better allocation of savings and economic growth in the countries in question. Our results reveal a strong and significant relationship between aggregate economic growth and stock market development indicators. Causality tests indicate that the real sphere involves the financial sphere for relatively new markets.	en_US
dc.language.iso	en	en_US
dc.publisher	© Lahore School of Economics	en_US
dc.subject	Stock market	en_US
dc.subject	Stock exchange development	en_US
dc.subject	Economic growth	en_US
dc.title	Economic Growth and the Development of Financial Markets: Some African Evidence	en_US
dc.type	Article	en_US