Article in journal
2016
Department of Economics, Faculty of Social Sciences, Kwame Nkrumah University of Science and Technology(K.N.U.S.T.), Kumasi, Ghana
The paper investigates the extent to which stock market development enhances private investment in Ghana. Quarterly times series data for the period 1991(Q1) to 2011(Q4) are used. Stock market development is proxy by market capitalization. The paper adopts the Dynamic Ordinary Least Squares (DOLS) method of estimation. The results for deposit interest rates, GDP pe...
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