A causality analysis between financial development and economic growth for Botswana

Eita, Joel Hinaunye; Jordaan, Andre Cillie

dc.contributor.upauthor	Eita, Joel Hinaunye
dc.contributor.upauthor	Jordaan, Andre Cillie
dc.date.accessioned	2008-02-06T11:46:29Z
dc.date.available	2008-02-06T11:46:29Z
dc.date.issued	2007-10
dc.description.abstract	This paper analyses the causal relationship between financial development and economic growth in Botswana for the period 1977 to 2006, using Granger causality through cointegrated Vector Autoregression methods. The results show that there is a stable longrun relationship between financial development and economic growth. Financial development causes economic growth in Botswana. The causality runs from financial development to economic growth. The results suggest that the financial sector is important in the economic growth and development of Botswana. Financial intermediation and institutional financial reforms should be enhanced in order to promote Botswana’s economic growth.	en
dc.format.extent	156602 bytes
dc.format.mimetype	application/pdf
dc.identifier.citation	Eita, JH & Jordaan, AC 2007, 'A causality analysis between financial development and economic growth for Botswana', University of Pretoria, Department of Economics, Working paper series, no. 2007-22. [http://web.up.ac.za/default.asp?ipkCategoryID=736&sub=1&parentid=677&subid=729&ipklookid=3]	en
dc.identifier.uri	http://hdl.handle.net/2263/4369
dc.language.iso	en	en
dc.publisher	University of Pretoria, Department of Economics	en
dc.relation.ispartofseries	Working Paper (University of Pretoria, Department of Economics)	en
dc.relation.ispartofseries	2007-22	en
dc.rights	University of Pretoria, Department of Economics	en
dc.subject	Botswana financial development	en
dc.subject	Botswana economic growth	en
dc.subject	Granger causality	en
dc.subject	Vector autoregressive (VAR) model	en
dc.subject.lcsh	Economic development -- Botswana	en
dc.title	A causality analysis between financial development and economic growth for Botswana	en
dc.type	Article	en