Public-Private Partnership and Financial Structure Development: Cointegration Lessons for selected sub-Sahara African Economies
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Pierre Vernimmen & Pascal Quiry & Maurizio Dallocchio & Yann Le Fur & Antonio Salvi, 2011. "Corporate finance : Theory and practice," Post-Print hal-02298161, HAL.
- Antonio Estache & Ellis Juan & Lourdes Trujillo, 2011.
"Public–Private Partnerships in Transport,"
Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 30,
Edward Elgar Publishing.
- Antonio Estache & André De Palma & E. Quinet & R. Vickerman, "undated". "Public-Private Partnerships in Transport," ULB Institutional Repository 2013/44020, ULB -- Universite Libre de Bruxelles.
- Estache,Antonio & Juan,Ellis J. & Trujillo Castellano,Lourdes, 2007. "Public-private partnerships in transport," Policy Research Working Paper Series 4436, The World Bank.
- Ayala, Diana & Nedeljkovic, Milan & Saborowski, Christian, 2017.
"What slice of the pie? The corporate bond market boom in emerging economies,"
Journal of Financial Stability, Elsevier, vol. 30(C), pages 16-35.
- Ms. Diana B Ayala Pena & Milan Nedeljkovic & Christian Saborowski, 2015. "What Slice of the Pie? The Corporate Bond Market Boom in Emerging Economies," IMF Working Papers 2015/148, International Monetary Fund.
- Diana Ayala & Milan Nedeljkovic & Christian Saborowski, 2017. "What Slice of the Pie? The Corporate Bond Market Boom in Emerging Economies," CESifo Working Paper Series 6376, CESifo.
- Rajan, Raghuram G. & Zingales, Luigi, 2003. "The great reversals: the politics of financial development in the twentieth century," Journal of Financial Economics, Elsevier, vol. 69(1), pages 5-50, July.
- Mr. Yibin Mu & Mr. Peter Phelps & Ms. Janet Gale Stotsky, 2013. "Bond Markets in Africa," IMF Working Papers 2013/012, International Monetary Fund.
- Barry P. Bosworth, 2014. "Interest Rates and Economic Growth: Are They Related?," Working Papers, Center for Retirement Research at Boston College wp2014-8, Center for Retirement Research.
- Raj Nallari & Breda Griffith, 2011. "Understanding Growth and Poverty : Theory, Policy, and Empirics," World Bank Publications - Books, The World Bank Group, number 2281.
- Marian MOSZORO, 2014.
"Efficient Public-Private Capital Structures,"
Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(1), pages 103-126, March.
- Moszoro, Marian, 2014. "Efficient Public-Private Capital Structures," MPRA Paper 102713, University Library of Munich, Germany.
- Raymond W. Goldsmith, 1955. "Financial Structure and Economic Growth in Advanced Countries: An Experiment in Comparative Financial Morphology," NBER Chapters, in: Capital Formation and Economic Growth, pages 112-167, National Bureau of Economic Research, Inc.
- Kenneth J. Arrow & Robert C. Lind, 1974.
"Uncertainty and the Evaluation of Public Investment Decisions,"
Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 3, pages 54-75,
Palgrave Macmillan.
- Arrow, Kenneth J & Lind, Robert C, 1970. "Uncertainty and the Evaluation of Public Investment Decisions," American Economic Review, American Economic Association, vol. 60(3), pages 364-378, June.
- Olatundun Janet Adelegan & Bozena Radzewicz-Bak, 2009. "What Determines Bond Market Development in Sub-Saharan Africa?," IMF Working Papers 2009/213, International Monetary Fund.
- Toda, Hiro Y. & Yamamoto, Taku, 1995. "Statistical inference in vector autoregressions with possibly integrated processes," Journal of Econometrics, Elsevier, vol. 66(1-2), pages 225-250.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Levin, Andrew & Lin, Chien-Fu & James Chu, Chia-Shang, 2002.
"Unit root tests in panel data: asymptotic and finite-sample properties,"
Journal of Econometrics, Elsevier, vol. 108(1), pages 1-24, May.
- Tom Doan, "undated". "LEVINLIN: RATS procedure to perform Levin-Lin-Chu test for unit roots in panel data," Statistical Software Components RTS00242, Boston College Department of Economics.
- Wright, Mike, 1987. "Government divestments and the regulation of natural monopolies in the UK : The case of British gas," Energy Policy, Elsevier, vol. 15(3), pages 193-216, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Patrick Omoruyi Eke & B. Uzoma Achugamonu & Simon Yunisa & Godswill Osagie Osuma, 2020. "Macroeconomic risks and financial sector stability: the Nigerian case," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 47(3), pages 233-249, September.
- Lee, Chien-Chiang & Chiu, Yi-Bin, 2011. "Oil prices, nuclear energy consumption, and economic growth: New evidence using a heterogeneous panel analysis," Energy Policy, Elsevier, vol. 39(4), pages 2111-2120, April.
- Folorunsho M. Ajide & James T. Dada, 2023. "Poverty, entrepreneurship, and economic growth in Africa," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 199-226, June.
- Teemu Makkonen & Timo Mitze, 2019. "Deconstructing the Education-Innovation-Development Nexus in the EU-28 Using Panel Causality and Poolability Tests," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(2), pages 516-549, June.
- Snehal S Herwadkar, 2017. "Corporate leverage in EMEs: did the global financial crisis change the determinants?," BIS Working Papers 681, Bank for International Settlements.
- Smaoui, Houcem & Grandes, Martin & Akindele, Akintoye, 2017. "The Determinants of Bond Market Development: Further Evidence from Emerging and Developed Countries," Emerging Markets Review, Elsevier, vol. 32(C), pages 148-167.
- Liu, Xuyi & Zhang, Shun & Bae, Junghan, 2017. "The nexus of renewable energy-agriculture-environment in BRICS," Applied Energy, Elsevier, vol. 204(C), pages 489-496.
- Kais Mtar & Walid Belazreg, 2023. "On the nexus of innovation, trade openness, financial development and economic growth in European countries: New perspective from a GMM panel VAR approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 766-791, January.
- Ritu Rani & Naresh Kumar, 2018. "Panel Data Analysis of Financial Development, Trade Openness, and Economic Growth: Evidence from BRICS Countries," Emerging Economy Studies, International Management Institute, vol. 4(1), pages 1-18, May.
- Krieger, Tim & Meierrieks, Daniel, 2016.
"Political capitalism: The interaction between income inequality, economic freedom and democracy,"
European Journal of Political Economy, Elsevier, vol. 45(C), pages 115-132.
- Tim Krieger & Daniel Meierrieks, 2015. "Political Capitalism: The Interaction between Income Inequality, Economic Freedom and Democracy," CESifo Working Paper Series 5681, CESifo.
- Krieger, Tim & Meierrieks, Daniel, 2015. "Political capitalism: The interaction between income inequality, economic freedom and democracy," Discussion Paper Series 2015-09, University of Freiburg, Wilfried Guth Endowed Chair for Constitutional Political Economy and Competition Policy.
- Costantini, Valeria & Martini, Chiara, 2010.
"The causality between energy consumption and economic growth: A multi-sectoral analysis using non-stationary cointegrated panel data,"
Energy Economics, Elsevier, vol. 32(3), pages 591-603, May.
- Valeria Costantini & Chiara Martini, 2009. "The causality between energy consumption and economic growth: A multi-sectoral analysis using non-stationary cointegrated panel data," Departmental Working Papers of Economics - University 'Roma Tre' 0102, Department of Economics - University Roma Tre.
- Mikhail Stolbov, 2017.
"Causality between credit depth and economic growth: evidence from 24 OECD countries,"
Empirical Economics, Springer, vol. 53(2), pages 493-524, September.
- Stolbov, Mikhail, 2015. "Causality between credit depth and economic growth: Evidence from 24 OECD countries," BOFIT Discussion Papers 15/2015, Bank of Finland, Institute for Economies in Transition.
- Amri, Fethi, 2016. "The relationship amongst energy consumption, foreign direct investment and output in developed and developing Countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 694-702.
- repec:zbw:bofitp:2015_015 is not listed on IDEAS
- Diby Francois Kassi & Yao Li & Zhankui Dong, 2023. "The mitigating effect of governance quality on the finance‐renewable energy‐growth nexus: Some international evidence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 316-354, January.
- Bertoni, Fabio & Colombo, Massimo G. & Grilli, Luca, 2011.
"Venture capital financing and the growth of high-tech start-ups: Disentangling treatment from selection effects,"
Research Policy, Elsevier, vol. 40(7), pages 1028-1043, September.
- Fabio Bertoni & Massimo G. Colombo & Luca Grilli, 2011. "Venture capital financing and the growth of high-tech start-ups : Disentangling treatment from selection effects," Post-Print hal-02312956, HAL.
- Chen, Pei-Fen & Lee, Chien-Chiang & Chiu, Yi-Bin, 2014. "The nexus between defense expenditure and economic growth: New global evidence," Economic Modelling, Elsevier, vol. 36(C), pages 474-483.
- Dennis Essers & Hans J. Blommestein & Danny Cassimon & Perla Ibarlucea Flores, 2016.
"Local Currency Bond Market Development in Sub-Saharan Africa: A Stock-Taking Exercise and Analysis of Key Drivers,"
Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 52(5), pages 1167-1194, May.
- Essers, Dennis & Blommestein, Hans & Cassimon, Danny & Ibarlucea Flores, Perla, 2014. "Local currency bond market development in Sub-Saharan Africa: a stock-taking exercise and analysis of key drivers," IOB Working Papers 2014.08, Universiteit Antwerpen, Institute of Development Policy (IOB).
- Essers, Dennis & Blommestein, Hans & Cassimon, Danny & Ibarlucea Flores, Perla, 2015. "Local currency bond market development in Sub-Saharan Africa: A stock-taking exercise and analysis of key drivers," MPRA Paper 65320, University Library of Munich, Germany, revised Jun 2015.
- Konstantinos Konstantakis & Theofanis Papageorgiou & Panayotis Michaelides & Efthymios Tsionas, 2015. "Economic Fluctuations and Fiscal Policy in Europe: A Political Business Cycles Approach Using Panel Data and Clustering (1996–2013)," Open Economies Review, Springer, vol. 26(5), pages 971-998, November.
- Rudra P. Pradhan & Mak B. Arvin & Sara E. Bennett & Mahendhiran Nair & John H. Hall, 2016. "Bond Market Development, Economic Growth and Other Macroeconomic Determinants: Panel VAR Evidence," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 23(2), pages 175-201, June.
- Zoltán Lakner & Anna Kiss & József Popp & Zoltán Zéman & Domicián Máté & Judit Oláh, 2019. "From Basic Research to Competitiveness: An Econometric Analysis of the Global Pharmaceutical Sector," Sustainability, MDPI, vol. 11(11), pages 1-17, June.
More about this item
Keywords
Co-integration; Financial structure development; Public-Private partnership;All these keywords.
JEL classification:
- C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cuf:journl:y:2019:v:20:i:2:ekeomankhanlen. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Qiang Gao (email available below). General contact details of provider: https://edirc.repec.org/data/emcufcn.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.