FINANCIAL BROKERAGE AND GROWTH TUNISIA ECONOMIC APPROACH INSTITUTIONAL Cover Image

INTERMÉDIATION FINANCIÈRE ET CROISSANCE ÉCONOMIQUE EN TUNISIE: APPROCHE INSTITUTIONNELLE
FINANCIAL BROKERAGE AND GROWTH TUNISIA ECONOMIC APPROACH INSTITUTIONAL

Author(s): Amairia Radhia , Amaira Bouzid
Subject(s): Economy
Published by: Editura Bibliotheca
Keywords: Financial intermediation; Governance; Economic growth; Vector AutoRegressive (VAR)

Summary/Abstract: The objective of our work is to show the importance of a healthy institutional framework in the finance-growth relation. In this context, we start by presenting, a theoretical lighting on this subject while trying to define the concept of the governorship and to determine its various measurements. Then, we empirically test a model of growth of Solow increased by the human capital to treating the relation between financial intermediation, institutions and economic growth. The various estimates were made by Vector Autoregressive Method over the period of 1980 to 2011 for Tunisia. Following these estimates, it seems that the quality of the institutions is regarded as an important factor which must not be neglected in the study of the relation between the financial sphere and the real spher

  • Issue Year: 2015
  • Issue No: 1 (26)
  • Page Range: 90-119
  • Page Count: 29
  • Language: French
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