A causality analysis between financial development and economic growth for Botswana
| 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 |