The Causal Relationship between Financial Development and Economic Performance in Tanzania

Simple item page
dc.creatorAikaeli, Jehovaness
dc.creatorMbellenge, Costantine Richard
dc.date2016-05-11T16:57:37Z
dc.date2016-05-11T16:57:37Z
dc.date2015-09
dc.date.accessioned2018-03-27T09:05:04Z
dc.date.available2018-03-27T09:05:04Z
dc.descriptionThis study determines causal relationship between financial development and economic performance in Tanzania. The study employs cointegration and vector error correction model techniques. Granger causality test was applied to ascertain causation between financial development and economic performance. Overall economic performance is measured by the GDP out-turn; and proxies of financial development are: the ratio of money supply to nominal GDP; and growth of credit to private sector. The results show that there is a stable long-run relationship between financial development and economic performance in Tanzania. Granger causality test indicates that the causality runs from financial development to economic performance.
dc.identifierAikaeli, J. & Mbellenge, C. The Causal Relationship between Financial Development and Economic Performance in Tanzania. SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.2706034
dc.identifier1556-5068
dc.identifierhttp://hdl.handle.net/20.500.11810/1985
dc.identifier.urihttp://hdl.handle.net/20.500.11810/1985
dc.languageen
dc.publisherSSRN Electronic Journal
dc.subjectGrowth
dc.subjectCredit to private sector
dc.subjectMoney supply
dc.subjectFinancial development
dc.titleThe Causal Relationship between Financial Development and Economic Performance in Tanzania
dc.typeJournal Article

Files

Collections

Department of Economics