Financial sector development and Investment in selected countries of the Economic Community of West African States: empirical evidence using heterogeneous panel data method

Financial sector development and Investment in selected countries of the Economic Community of West African States: empirical evidence using heterogeneous panel data method

Abstract This study investigated the impact of financial sector development on domestic investment in selected countries of the Economic Community of West African States (ECOWAS) for the years 1985–2017. The study employed the augmented mean group procedure, which accounts for country-specific heter...

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Bibliographic Details
Main Authors: Chimere O. Iheonu, Simplice A. Asongu, Kingsley O. Odo, Patrick K. Ojiem
Format: Article
Language:English
Published: SpringerOpen 2020-08-01
Series:Financial Innovation
Subjects:
Financial sector development
Domestic investment
Augmented mean group
Granger non-causality test
ECOWAS
Online Access:http://link.springer.com/article/10.1186/s40854-020-00195-0

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http://link.springer.com/article/10.1186/s40854-020-00195-0

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