A Multivariate VAR Model for Evaluating Sustainable Finance and Natural Resource Curse in West Africa: Evidence from Nigeria and Ghana

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چکیده

The financial sector plays a critical role in society by mediating resources and assets within the economy between surplus deficit units. Therefore, they have great responsibility for sustainability prosperity of natural endowments. This study aimed to determine whether sustainable finance matters resource curse Nigeria Ghana. empirical evidence is based on Bayer Hanck combined cointegration tests Vector Autoregressive/Vector Error Correction Granger causality tests. highlights importance financing management. Our findings also confirmed existence Likewise, medium through which affects has been identified as human development index (economic welfare). current policy implications that suggest need establish vibrant, strategy assist domestic private investors with strong interest exploration development, taking into account macroeconomic sustainability. Additionally, it important build market allows policies designed promote

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ژورنال

عنوان ژورنال: Sustainability

سال: 2021

ISSN: ['2071-1050']

DOI: https://doi.org/10.3390/su13052847