Journal of Investment and Management

Volume 2, Issue 5, October 2013

  • Do Financial Market Lead to Economic Growth? A Causality Test in Jordan

    Najeb Masoud, Glenn Hardaker

    Issue: Volume 2, Issue 5, October 2013
    Pages: 87-103
    Received: 23 August 2013
    Published: 20 October 2013
    Abstract: This study investigates empirically into the acclaimed positive role played financial market leading growth, with evidence from the Jordan financial market. Utilising, several econometric techniques models, such as unit root test, co-integration test and formal tests of causality developed by C.J. Granger and yearly Jordan data for the period 1980-... Show More