Financial development and economic growth in Botswana: New evidence from disaggregated data
نویسندگان
چکیده
Abstract In this study, the causal relationship between financial development and economic growth in Botswana is re-examined using disaggregated data from 1980 to 2020 on development. The importance of achieving Sustainable Development Goals (SDGs) cannot be overemphasised. study used Autoregressive Distributed Lag (ARDL) approach cointegration ECM-based Granger causality test examine linkage. Financial measured at an aggregate level by Index (FDI) a disaggregate Institution (FII) Market (FMI) International Monetary Fund (IMF) index database. failed find any during period. results apply, irrespective proxy measure time frame. This finding points for continue with Vision 2036 National Plans that focus, among other goals, growth, realise increase gross fixed capital formation
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ژورنال
عنوان ژورنال: Croatian review of economic, business and social statistics
سال: 2022
ISSN: ['1849-8531', '2459-5616']
DOI: https://doi.org/10.2478/crebss-2022-0006