Study the impact of financial development indicators on growth in the region of Middle East and North Africa, using panel data and VAR

Abstract EN

This paper will seek through axes to identify the various literature theory and experimental in terms of financial development and economic growth using time-series data (panel data) through the application of Vector Auto Regression technique, a sample consisting of about 13 countries from the Middle East and North Africa during the period from 1980 to 2015, in order to assess the direction of the causal relationship between financial development and economic growth, The statistical results has obtained suggest a positive relationship between the enlarged concept of money and the per capita gross domestic product on the one hand, as well as also a positive relationship between trade index and per capita gross domestic product of the other.