Finance-growth nexus and inflation dynamics in Kenya: an empirical investigation

Nicholas M. Odhiambo
Savings and Development Vol. 33(2009), No. 1, pp. 7-25

This study takes a fresh look at the direction of causality between financial development and economic growth in Kenya by examining the impact of inflation on the finance-growth nexus. The empirical results reveal that economic growth Granger-causes [...]

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Does financial development cause economic growth in the ASEAN-4 Countries?

Shabri Abd. Majid and Mahrizal
Savings and Development Vol. 31(2007), No. 4, pp. 369-398

This paper empirically examines the short- and long-run finance-growth nexus during the post-1997 financial crisis in the ASEAN-4 countries (i.e., Indonesia, Malaysia, Thailand and the Philippines) by employing battery of times series techniques [...]

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