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• W2092772036 abstract "This study investigates the effects of financial development on domestic investment in a sample of 30 sub-Saharan African countries. It is based on a dynamic serial-correlation investment model including various indicators of financial development, controlling for country-specific fixed effects and nonfinancial factors of investment. The results indicate a positive relationship between domestic investment (total investment and private investment) and various indicators of financial development. Higher financial development leads to higher future levels of investment, implying a potent long-run effect of financial development on domestic investment. The findings imply that financial development can stimulate economic growth through capital accumulation." @default.
• W2092772036 created "2016-06-24" @default.
• W2092772036 creator A5030298269 @default.
• W2092772036 date "2000-02-01" @default.
• W2092772036 modified "2023-09-29" @default.
• W2092772036 title "Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data" @default.
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• W2092772036 doi "https://doi.org/10.1016/s0305-750x(99)00129-1" @default.
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