@incollection{, FDC2605D7596FB80432D1217BE7AE0D0 , author={{OladotunOlaniran}}, journal={{Global Journal of Human Social Sciences}}, journal={{GJHSS}}2249-460X0975-587X10.34257/GJHSS, address={Cambridge, United States}, publisher={Global Journals Organisation}1862131 } @incollection{b0, , title={{Financial development and economic growth: Empirical evidence from MENA countries}} , author={{ SAbu-Bader } and { AMAbu-Qarn }} , journal={{Rev. Dev. Econ}} 12 , year={2008} } @incollection{b1, , title={{Foreign direct investment, economic growth and financial sector development in small opendeveloping economies}} , author={{ OAdeniyi } and { FOEgwaikhide } and { AOyinlola } and { OOmisakin }} , journal={{Econ.Anal. Policy}} 42 , year={2012} } @incollection{b2, , title={{The finance-growth nexus: Evidence from sub-saharan Africa}} , author={{ DAgbetsiafa }} , journal={{Sav.Dev}} 38 , year={2004} } @incollection{b3, , title={{Integration of Financial Markets, Financial Development and Growth: is Africa Different?}} , author={{ ADAhmed }} 10.1016/j.intfin.2016.01.003 , journal={{Journal of International Financial Markets}} , year={2016} , note={Institutions and Money} } @book{b4, , author={{ AAlimi }} , title={{Foreign Aid and Poverty Level: Does Public Investment matter in Sub-Saharan References Références Referencias African Countries? Global Journal of Management and Business research: B Economics and Commerce}} , year={2018. 2018} 18 } @incollection{b5, , title={{Financial development and economic growth in Botswana: A test of causality}} , author={{ OAAkinboade }} , journal={{Sav. Dev}} 22 , year={1998} } @book{b6, , title={{Banks versus Markets: Do They Compete, Complement or Co-evolve in the Nigerian Financial System? An ARDL}} , author={{ AugustineArize } and { KaluUme } and { Ebere } and { NelsonNNkwor }} } @incollection{b7, , title={{}} 10.1016/j.ribaf.2017.07.174 , journal={{Approach Research in International Business}} } @incollection{b8, , title={{Financial intermediation and economic growth: Evidence from western}} , author={{ RBAtindehou } and { JPGuyeie } and { EKAmenounve }} , journal={{Africa. Appl. Financ. Econ}} 15 , year={2005} } @incollection{b9, , title={{Financial Integration, Productivity and Capital Accumulation}} , author={{ ABonfiglioli }} , journal={{Journal of International Economics}} 76 , year={2008} } @book{b10, , title={{Linkages between financial development, financial instability, financial liberalisation and economic growth in Africa}} , author={{ MichaelEnowbi } and { Batuo } and { Mlambo } and { Kupukile } and { SimpliceAsongu }} 10.1016/j.ribaf.2017.07.148 , note={Research in International Business and Finance} } @incollection{b11, , title={{Financial development and economic growth in sub-saharan African countries: Evidence from time series analysis}} , author={{ TGhirmay }} , journal={{Afr. Dev. Rev}} 16 , year={2004} } @book{b12, , title={{Financial sector development, economic volatility and shocks in sub}} , author={{ MIbrahim } and { PAlagidede }} } @incollection{b13, , title={{}} , author={{ SaharanAfrica }} 10.1016/j.physa.2017.04.142 , journal={{Physica A}} , year={2017} } @book{b14, , title={{Finance and growth: Theory, mechanism and evidence}} , author={{ RLevine }} , editor={Aghion, P., Durlauf, S.N.} , year={2005} , publisher={North-Holland} , note={Handbook of Economic Growth} } @incollection{b15, , title={{On the mechanics of economic development}} , author={{ LucasJr } and { RE }} , journal={{J. Monetary Econ}} 22 , year={1988} } @incollection{b16, , title={{Lag length selection and the construction of unit root tests with good size and power}} , author={{ SNg } and { PPerron }} , journal={{Econometrica}} 69 , year={2001} } @incollection{b17, , title={{Is financial development still a spur to economic growth? A causal evidence from south Africa}} , author={{ NMOdhiambo }} , journal={{Sav. Dev}} 28 , year={2004} } @incollection{b18, , title={{Financial development in Kenya: A dynamic test of the financial-led growth hypothesis}} , author={{ NMOdhiambo }} , journal={{Econ. Issues}} 13 , year={2008} } @incollection{b19, , title={{Financial systems and economic growth in south Africa: A dynamic complimentarity test}} , author={{ NMOdhiambo }} , journal={{Int. Rev. Appl. Econ}} 28 , year={2014} } @incollection{b20, , title={{Financial Development and Economic Growth in Underdeveloped Countries}} , author={{ HTPatrick }} , journal={{Economic Development and Cultural Change}} 14 2 , year={1966} } @incollection{b21, , title={{Bounds testing approaches to the analysis of level relationships}} , author={{ MHPesaran } and { YShin } and { RJSmith }} , journal={{J. Appl. Econometrics}} 16 , year={2001} } @incollection{b22, , title={{The generalisation of the general theory}} , author={{ JRobinson }} , booktitle={{The Rate of Interest and Other Essays}} Macmillan, London , year={1952} } @book{b23, , title={{The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and the Business Cycle}} , author={{ JASchumpeter }} , year={1911} , publisher={Havard University Press} , address={Cambridge} } @book{b24, , title={{The impact of financial liberalization on the performance of banks in Nigeria. www. sciencedirect.com Chosen break point: 2004 t-Statistic Prob. * Zivot-Andrews test statistic -3.677148 0.294520 1% critical value: -5}} , author={{ Zainabdabo }} 5% critical value: -5.08 10% critical value: -4.82 , year={2012} 57 } @book{b25, , title={{* Probability values are calculated from a standard t-distribution and do not take into account the breakpoint selection process Zivot-Andrews Unit Root Test}} Date: 03/08/18 Time: 22:03 , year={1981 2016} 36 , address={Sample} } @book{b26, , title={{DFD has a unit root with a structural break in both the intercept and trend Chosen lag length: 2 (maximum lags: 4) Chosen break point}} , author={{ NullHypothesis }} value: -5.57 5% critical value: -5.08 10% critical value: -4.82 , year={2007} } @book{b27, , title={{* Probability values are calculated from a standard t-distribution and do not take into account the breakpoint selection process Zivot-Andrews Unit Root Test}} Date: 03/08/18 Time: 22:03 , year={1981 2016} 36 , address={Sample} } @book{b28, statistic -6.529420 4.00E-05 1% critical value: -5.57 5% critical value: -5.08 10% critical value: -4.82 , title={{INF has a unit root with a structural break in both the intercept and trend Chosen lag length: 1 (maximum lags: 4) Chosen break point: 1996 t-Statistic Prob. * Zivot-Andrews test}} } @book{b29, , title={{* Probability values are calculated from a standard t-distribution and do not take into account the breakpoint selection process Zivot-Andrews Unit Root Test}} Date: 03/08/18 Time: 22:03 , year={1981 2016} 36 , address={Sample} } @book{b30, statistic -3.988959 0.068074 1% critical value: -5.57 5% critical value: -5.08 10% critical value: -4.82 , title={{MS has a unit root with a structural break in both the intercept and trend Chosen lag length: 3 (maximum lags: 4) Chosen break point: 2004 t-Statistic Prob. * Zivot-Andrews test}} } @book{b31, statistic -5.645096 0.000347 1% critical value: -5.57 5% critical value: -5.08 10% critical value: -4.82 , title={{DMS has a unit root with a structural break in both the intercept and trend Chosen lag length: 2 (maximum lags: 4) Chosen break point: 2006 t-Statistic Prob. * Zivot-Andrews test}} } @book{b32, , title={{* Probability values are calculated from a standard t-distribution and do not take into account the breakpoint selection process Zivot-Andrews Unit Root Test}} Date: 03/08/18 Time: 22:03 , year={1981 2016} 36 , address={Sample} } @book{b33, , title={{LRGDP has a unit root with a structural break in both the intercept and trend Chosen lag length: 1 (maximum lags: 4) Chosen break point: 1994 t-Statistic Prob. * Zivot-Andrews}} , note={test statistic -3.330606 0.406918 1% critical value: -5.57 5% critical value: -5.08 10% critical value: -4.82} } @book{b34, , title={{* Probability values are calculated from a standard t-distribution and do not take into account the breakpoint selection process Zivot-Andrews Unit Root Test}} Date: 03/08/18 Time: 22:03 , year={1981 2016} 36 , address={Sample} } @book{b35, statistic -4.506932 0.003953 1% critical value: -5.57 5% critical value: -5.08 10% critical value: -4.82 , title={{DLRGDP has a unit root with a structural break in both the intercept and trend Chosen lag length: 0 (maximum lags: 4) Chosen break point: 2002 t-Statistic Prob. * Zivot-Andrews test}} } @book{b36, , title={{* Probability values are calculated from a standard t-distribution and do not take into account the breakpoint selection process ARDL Bounds Test}} Date: 01/06/18 Time: 20:45 Sample , year={1985 2016} 32 , note={Null Hypothesis: No long-run relationships exist} }