The Effects of Financial Liberalization on Economic Growth (MENA Region Countries)
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Ahmad Mojtahed * , Azam Ahmadian  |
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Abstract: (3941 Views) |
This paper evaluates the effects of financial liberalization on economic growth and volatility of macroeconomic variable، from 1996 to 2007، for a sample of 10 countries In this Connection، particular attention is given to effects on the MENA countries: Egypt، Arab Rep، Iran، Islamic Rep، Jordan، Kuwait، Malta، Morocco، Oman، Saudi Arabia، and Syrian Arab republic & tunisia. In This Study we used the Hernan Rincon (2007) model and Panel data Method. The finding shows that financial liberalization spurs growth and total investment، but has a negative influence on consumption. |
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Keywords: Financial Liberalization, Economic Growth, Macroeconomic Variables, Panel Data Method |
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Full-Text [PDF 178 kb]
(2524 Downloads)
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Type of Study: Empirical Study |
Received: 2014/07/26 | Accepted: 2014/07/26 | Published: 2014/07/26
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