文章基本信息

标题：The Causal Relationship between Financial Development and Economic Performance in Tanzania
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作者：Jehovaness Aikaeli ; Costantine Richard Mbellenge
期刊名称：African Journal of Economic Review
印刷版ISSN：1821-8148
出版年度：2016
卷号：4
期号：1
页码：170-184
语种：English
出版社：African journals online
摘要：The study employs cointegration, vector error correction model and Granger causality test to ascertain causation between financial development and economic performance in Tanzania. Economic performance is measured by the real GDP, whereas proxies for financial development are: the ratio of money supply to nominal GDP; and growth of credit to private sector. The results show that there is a stable long-run relationship between financial development and economic performance in Tanzania. Granger causality test indicates that the causality runs from financial development to economic performance.
关键词：Growth;credit to private sector;money supply;financial development