000			01907cam a2200325 4500500
005			20250413012929.0
041			_afre
042			_adc
100	1	0	_aKiambu Di Tuema, Jacques _eauthor
700	1	0	_a Kabikissa, Florent Jean Désiré _eauthor
700	1	0	_a Kaninda Nzuzi, Aristote _eauthor
700	1	0	_a Moussavou, Ferdinand _eauthor
700	1	0	_a Kiyunga Tchandema, Étienne _eauthor
245	0	0	_aFinancial liberalization and economic growth in CEMAC: An empirical analysis of dynamic panel data
260			_c2021.
500			_a76
520			_aThis article analyzes the effects of financial liberalization on economic growth in the Economic Community of Central African States (CEMAC) over the period from 1985 to 2018 using an autoregressive distributed lag model. Estimates using Mean Group (MG), Pooled Mean Group (PMG), and Dynamic Fixed Effects (DFE) estimators show that banking development has a positive and significant effect on long- and short-term growth in CEMAC. In the long term, financial liberalization is significant and negatively affects economic growth. In the short term, private sector domestic credit has a positive impact on growth, and the degree of openness has a significant and negative impact on growth. These results predict that CEMAC should encourage short-term domestic credit, reduce its dependence on oil revenues, and further diversify its economy.
690			_aARDL
690			_aCEMAC
690			_aeconomic growth
690			_afinancial liberalization
690			_afinancial system
690			_aARDL
690			_aCEMAC
690			_aEconomic growth
690			_aFinancial Liberalization
690			_aFinancial System
786	0		_nMarché et organisations | o 42 | 3 | 2021-10-01 | p. 163-212 | 1953-6119
856	4	1	_uhttps://shs.cairn.info/journal-marche-et-organisations-2021-3-page-163?lang=en&redirect-ssocas=7080
999			_c1106827 _d1106827