Stock Market Development and Economic Growth: The Case of Selected African Countries

By C. Adjasi, N. Biekpe. 2006

274 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/363b62abbd14cfc48a10b9341872dafdf88fe562

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. A. O. Olufisayo
2. Akinlo A. Enisan
3. E. Agbloyor
4. C. Adjasi
5. A. Yawson
6. M. Kraft
7. Thomas Gries
8. J. Abor

Citations in the corpus

• Linkages between Financial Deepening, Trade Openness and Economic Development: Causality Evidence from Sub-Saharan Africa (2009, background): “Adjasi and Biekpe (2006) Effect of stock market development on growth Panel data analysis Stock market development influences growth positively and significantly only in more developed countries.”
• Private capital flows and economic growth in Africa: The role of domestic financial markets (2014, result): “Previous studies provide empirical support to theoretical predictions that finance should exert a positive influence on economic growth (King and Levine, 1993; Beck et al., 2000; Allen and Ndikuma, 2000; Adjasi and Biekpe, 2006; Romero-Avila, 2007; Manu et al., 2011; Kendall, 2012).”
• Stock market development and economic growth: Evidence from seven sub-Sahara African countries (2009, background): “Two, the level of integration of African stock markets into their economies is still weak (see Adjasi & Biekpe, 2006).”