DEVELOPPEMENT FINANCIER ET CROISSANCE ECONOMIQUE EN AFRIQUE SUBSAHARIENNE : UNE APPLICATION DU MODELE PSTR

Mame Mor SENE, Abdou THIAO

Résumé


This article examine the effect of financial development on economic growth in sub-Saharan African countries over a period from 1980 to 2015. The empirical estimation realized using PSTR (Panel Smooth Threshold Regression) show that there is a non-linear relationship between financial development and economic growth. These results confirm the presence of threshold effect.


Mots-clés


Growth, financial development, Panel Smooth Regression Models.

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DOI: https://doi.org/10.48382/IMIST.PRSM/regs-v1i23.19736

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ISSN : 2458-6250

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