Financial development, international trade and economic growth: the case of Ghana

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dc.contributor.authorTwenefour, Martha Adobea
dc.contributor.authorUniversity of Lethbridge. Faculty of Arts and Science
dc.contributor.supervisorRockerbie, Duane
dc.date.accessioned2021-08-20T20:33:18Z
dc.date.available2021-08-20T20:33:18Z
dc.date.issued2021
dc.degree.levelMastersen_US
dc.description.abstractThis study aims to investigate the long run relationship and the possible direction of causality that may exist between financial development, international trade and economic growth in the case of Ghana for the period 1965-2017. The Autoregressive Distributed Lag bounds (ARDL) testing approach to cointegration and the Granger causality under the Vector error correction (VECM) model is employed to measure the relationships. The results from the bounds test confirmed the existence of a long run relation among the series. Also, the results showed that the development of the financial sector was indeed, very conducive for growth whereas, international trade appeared to be a non-robust determinant of growth in Ghana. The causality test results suggested a unidirectional causality running from financial development to growth and from trade to growth. Thus, it was concluded that Ghana was characterized by both the supply-leading and trade-led growth hypotheses.en_US
dc.identifier.urihttps://hdl.handle.net/10133/6007
dc.language.isoenen_US
dc.proquest.subject0501en_US
dc.proquest.subject0508en_US
dc.proquest.subject0511en_US
dc.proquestyesYesen_US
dc.publisherLethbridge, Alta. : University of Lethbridge, Dept. of Economicsen_US
dc.publisher.departmentDepartment of Economicsen_US
dc.publisher.facultyArts and Scienceen_US
dc.relation.ispartofseriesThesis (University of Lethbridge. Faculty of Arts and Science)en_US
dc.subjecteconomic determinants of growthen_US
dc.subjectfinancial sector developmenten_US
dc.subjectinternational tradeen_US
dc.subjecteconomic growthen_US
dc.subjectGhanaen_US
dc.subjectEconomic development -- Ghanaen_US
dc.subjectGhana -- Economic conditionsen_US
dc.subjectFinance -- Ghanaen_US
dc.subjectGhana -- Commerceen_US
dc.subjectGhana -- Economic policyen_US
dc.subjectDissertations, Academicen_US
dc.titleFinancial development, international trade and economic growth: the case of Ghanaen_US
dc.typeThesisen_US
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