Artikel

Financial Development, Economic Freedom and Economic Growth: New Evidence from Tunisia

This article investigates the effect of financial development on economic growth conditions well-developed institutions in Tunisia as a case study during the period 1980-2014, using the generalized moment method (GMM) to analyze the panel data. We have empirically examined the relationship between financial development and institutions using the index of economic freedom as an institutional variable. It has been found that economic freedom can be used as a proxy of developed institutions and that the effect of financial development on economic growth improves in the presence of the variable of economic freedom. We have also found that economic freedom is beneficial to growth and favors the relationship between financial development and the developed institutions and their combined effects on economic growth. These findings suggest the need to promote greater economic freedom and well-developed institutions to improve the relationship between financial development and economic growth.

Language
Englisch

Bibliographic citation
Journal: Economic Review: Journal of Economics and Business ; ISSN: 1512-8962 ; Volume: 15 ; Year: 2017 ; Issue: 2 ; Pages: 7-18 ; Tuzla: University of Tuzla, Faculty of Economics

Classification
Wirtschaft
Economic Impacts of Globalization: Economic Development
Subject
Financial development
Institutions
Economic freedom
Economic growth

Event
Geistige Schöpfung
(who)
Oussama, Zaïbi
Ahmed, Hachicha
Fatma, Hachicha
Event
Veröffentlichung
(who)
University of Tuzla, Faculty of Economics
(where)
Tuzla
(when)
2017

Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Oussama, Zaïbi
  • Ahmed, Hachicha
  • Fatma, Hachicha
  • University of Tuzla, Faculty of Economics

Time of origin

  • 2017

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