Links between growth, trade and financial openness in South Africa: An empirical investigation

dc.contributor.authorKatircioglu, Setareh
dc.contributor.authorKatircioglu, Salih
dc.contributor.authorIrani, Farid
dc.date.accessioned2023-02-16T10:40:03Z
dc.date.available2023-02-16T10:40:03Z
dc.date.issued2022en_US
dc.departmentRektörlük, Sanayi Politikaları ve Kalkınma Merkezien_US
dc.description.abstractThis study aims to confirm an empirical link between financial openness, foreign trade and income growth in South Africa. Although domestic credits, trade and growth are cointegrated, the findings indicate that no such link can be observed between money supply and exports as exports are a result of foreign demand and hence subject to foreign monetary factors rather than domestic financial development. The results of causality analyses reveal that the export-led and supply-leading hypotheses are confirmed for South Africa. Money supply in South Africa is also output driven. Finally, the study shows that changes in domestic credits precede significant changes in trade and growth in South Africa. As a result, this study suggests that the creation of domestic credits is a significant force behind trade and aggregate income in the region.en_US
dc.identifier.doi10.1002/ijfe.2652en_US
dc.identifier.scopus2-s2.0-85131194972en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.urihttps://hdl.handle.net/11467/6243
dc.identifier.urihttps://doi.org/10.1002/ijfe.2652
dc.identifier.wosWOS:000805603600001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherJohn Wiley and Sons Ltden_US
dc.relation.ispartofInternational Journal of Finance and Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.subjectbounds test; financial development; international trade; South Africaen_US
dc.titleLinks between growth, trade and financial openness in South Africa: An empirical investigationen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
Int J Fin Econ - 2022 - Katircioglu - Links between growth trade and financial openness in South Africa An empirical.pdf
Boyut:
542.48 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Lisans paketi
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
license.txt
Boyut:
1.56 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama: