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Does Crude Oil Price, Financial Development, and Trade Openness Reflect on African Oil-Rich Countries’ Economic Growth?

This study investigates empirically the long- and short-run impact of crude oil price and financial globalization on economic growth and financial development in selected oil-rich African countries. The data usage covers 1980 to 2021 by applying the autoregressive distributed lag (ARDL) modeling to...

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Hauptverfasser: Ahmed Krouso, Nanthakumar Loganathan, Yogeeswari Subramaniam, Tirta Nugraha Mursitama
Format: Artigo
Sprache:Inglês
Veröffentlicht: The Institute of Economics, Zagreb 2023-01-01
Schriftenreihe:Croatian Economic Survey
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Online-Zugang:https://hrcak.srce.hr/file/451436
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