Analyzing the Relationship between Financial Depth and Economic Growth in Iraq during the Period (2004-2020)

Authors

  • Gailan Ismael Abdullah College of Administration and Economics, Tikrit University, Iraq

DOI:

https://doi.org/10.32996/jbms.2022.4.3.13

Keywords:

Financial depth; Economic growth; Co-integration test; ARDL model.

Abstract

The research aims to study the relationship between financial depth and economic growth in Iraq during the period (2004-2020) by identifying the direction of each of the indicators of financial depth and economic growth, analyzing their developments, and measuring them using the ARDL model. Given that financial depth is an important indicator that shows the extent of the financial sector's contribution to economic activity by mobilizing savings and directing them towards investment to achieve added value from the activity of the various economic sectors. The research found the limited contribution of the financial sector in stimulating economic growth due to several subjective and objective factors that characterize the financial sector in the Iraqi economy.

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Published

2022-08-30

Issue

Vol. 4 No. 3

Section

Research Article

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Abdullah, G. I. (2022). Analyzing the Relationship between Financial Depth and Economic Growth in Iraq during the Period (2004-2020). Journal of Business and Management Studies, 4(3), 146-159. https://doi.org/10.32996/jbms.2022.4.3.13