Financial Development and Poverty Short and Long Run Causality in Tunisia
DOI:
https://doi.org/10.14665/1614-4007-22-1-006Keywords:
Financial development - Poverty - Error-correction model Granger causalityAbstract
The purpose of this paper is to examine the impact of financial development on poverty in Tunisia for the period 1970-2013. Our empirical analysis consists of three steps: the unit root test, the Johansen co-integration test, the Granger causality test in the context of an error correction model (ECM). The econometric results show that financial development is conducive to poverty reduction. It is the existence of a unidirectional causality relationship between financial development and poverty reduction.
Downloads
Published
How to Cite
Issue
Section
The author gives permission to Transition Academia Press to publish the article in print and/or electronic format.
If/when an article is accepted for publication, Author will be asked to transfer copyright of the article to Transition Academia Press. Transition Academia Press will retain copyright of all published material and reserves the right to re-use any such material in any print and/or electronic format. Author willing to retain their copyright from the Editors might request a fair condition, on the base of a bilateral agreement.
