The Causal Relationship Model between Financial Development and Economic Growth in Yemen

Ebrahim Almekhlafi, Xiangpei Hu, Khalil Almekhlafi

Abstract


This study contributes to current literature by providing an econometric understanding of relationship in finance and economic growth for the MENA countries. This understanding is important for academics, policy makers and development organizations in shaping the future financial sector infrastructure and economic growth.

Keywords


Financial Sector Development; Economic Growth; Error Correction Model ECM; Causality Test and Yemen

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Copyright (c) 2015 Ebrahim Almekhlafi, Xiangpei Hu, Khalil Almekhlafi

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