{"id":"https://openalex.org/W122815427","doi":null,"title":"Financial Development and Economic Growth: Evidence from Ghana","display_name":"Financial Development and Economic Growth: Evidence from Ghana","publication_year":2013,"publication_date":"2013-01-01","ids":{"openalex":"https://openalex.org/W122815427","mag":"122815427"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:ibf:ijbfre:v:7:y:2013:i:5:p:61-76","doi":null,"is_oa":false,"landing_page_url":"http://www.theibfr2.com/RePEc/ibf/ijbfre/ijbfr-v7n5-2013/IJBFR-V7N5-2013-6.pdf","pdf_url":"http://www.theibfr2.com/RePEc/ibf/ijbfre/ijbfr-v7n5-2013/IJBFR-V7N5-2013-6.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2261992_code1332876.pdf?abstractid=2261992&mirid=1","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5056022219","display_name":"Michael Adusei","orcid":"https://orcid.org/0000-0002-6290-8060","observed_orcids":["https://orcid.org/0000-0002-6290-8060"]},"institutions":[{"id":"https://openalex.org/I28046988","display_name":"Kwame Nkrumah University of Science and Technology","ror":"https://ror.org/00cb23x68","country_code":"GH","type":"education","lineage":["https://openalex.org/I28046988"]}],"countries":["GH"],"is_corresponding":true,"raw_author_name":"Michael Adusei","raw_affiliation_strings":["Kwame Nkrumah University of Science and Technology [GHANA]"],"raw_orcid":"https://orcid.org/0000-0002-6290-8060","affiliations":[{"raw_affiliation_string":"Kwame Nkrumah University of Science and Technology [GHANA]","institution_ids":["https://openalex.org/I28046988"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5056022219"],"corresponding_institution_ids":["https://openalex.org/I28046988"],"apc_list":null,"apc_paid":null,"fwci":8.258,"has_fulltext":false,"cited_by_count":62,"citation_normalized_percentile":{"value":0.97039646,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"7","issue":"5","first_page":"61","last_page":"76"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13867","display_name":"Economic Growth and Development","score":0.000699999975040555,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":1.0},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":1.0},{"id":"https://openalex.org/keywords/financial-liberalization","display_name":"financial liberalization","score":0.8259999752044678},{"id":"https://openalex.org/keywords/domestic-credit","display_name":"domestic credit","score":0.8980000019073486},{"id":"https://openalex.org/keywords/private-sector-credit","display_name":"private sector credit","score":0.7599999904632568},{"id":"https://openalex.org/keywords/money-supply","display_name":"money supply","score":0.9169999957084656},{"id":"https://openalex.org/keywords/ghana","display_name":"Ghana","score":0.7440000176429749}],"concepts":[{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.7383215427398682},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7006690502166748},{"id":"https://openalex.org/C2778210481","wikidata":"https://www.wikidata.org/wiki/Q4972003","display_name":"Broad money","level":3,"score":0.6482778787612915},{"id":"https://openalex.org/C99656134","wikidata":"https://www.wikidata.org/wiki/Q2912993","display_name":"Ordinary least squares","level":2,"score":0.5350514650344849},{"id":"https://openalex.org/C58823610","wikidata":"https://www.wikidata.org/wiki/Q746418","display_name":"Liberalization","level":2,"score":0.5207269787788391},{"id":"https://openalex.org/C181683161","wikidata":"https://www.wikidata.org/wiki/Q7301159","display_name":"Real gross domestic product","level":2,"score":0.5151268243789673},{"id":"https://openalex.org/C2779971977","wikidata":"https://www.wikidata.org/wiki/Q842206","display_name":"Money supply","level":3,"score":0.4610556364059448},{"id":"https://openalex.org/C162748667","wikidata":"https://www.wikidata.org/wiki/Q683131","display_name":"Generalized method of moments","level":3,"score":0.4273439645767212},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3800450563430786},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3719790577888489},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3633958101272583},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.34136247634887695},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.2506268322467804},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.22972583770751953},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.19102606177330017},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.09491556882858276}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:ibf:ijbfre:v:7:y:2013:i:5:p:61-76","doi":null,"is_oa":false,"landing_page_url":"http://www.theibfr2.com/RePEc/ibf/ijbfre/ijbfr-v7n5-2013/IJBFR-V7N5-2013-6.pdf","pdf_url":"http://www.theibfr2.com/RePEc/ibf/ijbfre/ijbfr-v7n5-2013/IJBFR-V7N5-2013-6.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:122815427","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2261992_code1332876.pdf?abstractid=2261992&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"mag:3123784009","doi":null,"is_oa":false,"landing_page_url":"https://www.researchgate.net/profile/Michael_Adusei/publication/256061991_Financial_Development_and_Economic_Growth_Evidence_from_Ghana/links/55f8335108ae07629dd166b5.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764417826","display_name":"The international journal of business and finance research","issn_l":"1931-0269","issn":["1931-0269","2157-0698"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","norway-1"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"\u0098The \u009cinternational journal of business and finance research","raw_type":null}],"best_oa_location":{"id":"mag:122815427","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2261992_code1332876.pdf?abstractid=2261992&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.6452000141143799,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":85,"referenced_works":["https://openalex.org/W150573749","https://openalex.org/W656880029","https://openalex.org/W1503449067","https://openalex.org/W1507435492","https://openalex.org/W1514296636","https://openalex.org/W1537543935","https://openalex.org/W1549334411","https://openalex.org/W1555454817","https://openalex.org/W1571142392","https://openalex.org/W1573183898","https://openalex.org/W1577617409","https://openalex.org/W1598969128","https://openalex.org/W1714264005","https://openalex.org/W1873632200","https://openalex.org/W1966910378","https://openalex.org/W1967206959","https://openalex.org/W1984018474","https://openalex.org/W1985378116","https://openalex.org/W1987580684","https://openalex.org/W1993622537","https://openalex.org/W1995871420","https://openalex.org/W2008388155","https://openalex.org/W2010802592","https://openalex.org/W2012999529","https://openalex.org/W2018944810","https://openalex.org/W2019425608","https://openalex.org/W2024623582","https://openalex.org/W2025610165","https://openalex.org/W2030316109","https://openalex.org/W2034707435","https://openalex.org/W2042338563","https://openalex.org/W2045994033","https://openalex.org/W2049033021","https://openalex.org/W2051438039","https://openalex.org/W2055234499","https://openalex.org/W2055686677","https://openalex.org/W2057693493","https://openalex.org/W2061504873","https://openalex.org/W2069142035","https://openalex.org/W2073873644","https://openalex.org/W2075825177","https://openalex.org/W2077358653","https://openalex.org/W2078618079","https://openalex.org/W2082993526","https://openalex.org/W2083179788","https://openalex.org/W2088006783","https://openalex.org/W2093030468","https://openalex.org/W2096874528","https://openalex.org/W2097197933","https://openalex.org/W2099268311","https://openalex.org/W2099744804","https://openalex.org/W2102897370","https://openalex.org/W2111385632","https://openalex.org/W2112559425","https://openalex.org/W2115455254","https://openalex.org/W2116169154","https://openalex.org/W2120630768","https://openalex.org/W2123985991","https://openalex.org/W2129154998","https://openalex.org/W2129400295","https://openalex.org/W2131733003","https://openalex.org/W2132970177","https://openalex.org/W2153562738","https://openalex.org/W2156339602","https://openalex.org/W2156969991","https://openalex.org/W2163900430","https://openalex.org/W2222918796","https://openalex.org/W2327723196","https://openalex.org/W2734228442","https://openalex.org/W2892205917","https://openalex.org/W3021643362","https://openalex.org/W3025985150","https://openalex.org/W3121177630","https://openalex.org/W3121183069","https://openalex.org/W3121608236","https://openalex.org/W3122326451","https://openalex.org/W3122363154","https://openalex.org/W3122398539","https://openalex.org/W3122790390","https://openalex.org/W3123173150","https://openalex.org/W3124506938","https://openalex.org/W3124550292","https://openalex.org/W3124803532","https://openalex.org/W3125487061","https://openalex.org/W4251823193"],"related_works":["https://openalex.org/W343573328","https://openalex.org/W3093250461","https://openalex.org/W6968963734","https://openalex.org/W1526645773","https://openalex.org/W1516421571","https://openalex.org/W2916320724","https://openalex.org/W2590612226","https://openalex.org/W2508885627","https://openalex.org/W2558538221","https://openalex.org/W2088835444"],"abstract_inverted_index":{"The":[0,83],"paper":[1],"employs":[2],"cointegration,":[3],"Fully-Modified":[4],"Ordinary":[5],"Least":[6],"Squares":[7],"(FMOLS),":[8],"Error":[9],"Correction":[10],"and":[11,26,61],"the":[12,21],"Generalized":[13],"Method":[14],"of":[15,39,49,59,68],"Moments":[16],"(GMM)":[17],"techniques":[18],"to":[19,53],"investigate":[20],"relationship":[22],"between":[23],"economic":[24,79],"growth":[25,80],"financial":[27,40,76,88],"development":[28,41,77],"using":[29],"annual":[30],"time":[31],"series":[32],"data":[33,73],"(1971-2010)":[34],"from":[35,71],"Ghana.":[36,82,91],"Three":[37],"measures":[38],"are":[42],"used:":[43],"domestic":[44,51],"credit":[45,52],"as":[46,56,65],"a":[47,57,66],"share":[48,58,67],"GDP;":[50],"private":[54],"sector":[55],"GDP":[60],"broad":[62],"money":[63],"supply":[64],"GDP.":[69],"Evidence":[70],"our":[72],"suggests":[74],"that":[75],"undermines":[78],"in":[81,90],"paper,":[84],"therefore,":[85],"cautions":[86],"against":[87],"liberalization":[89]},"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":10},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2016-06-24T00:00:00"}
