Interest rate reforms, financial deepening and economic growth in Tanzania: A dynamic linkage

dc.contributor.author	Odhiambo N.M.	en
dc.date.accessioned	2012-11-01T16:31:21Z
dc.date.available	2012-11-01T16:31:21Z
dc.date.issued	2010	en
dc.identifier.citation	Journal of Economic Policy Reform	en
dc.identifier.citation	13	en
dc.identifier.citation	2	en
dc.identifier.issn	17487870	en
dc.identifier.other	10.1080/17487871003700770	en
dc.identifier.uri	http://hdl.handle.net/10500/7086
dc.description.abstract	In this paper we examine the dynamic relationship between interest rate reforms and economic growth in Tanzania using two tests. In the first test, we examine the impact of interest rate reforms on financial deepening using a financial deepening model. In the second test, we examine whether the financial deepening, which results from interest rate reforms, Granger-causes economic growth - using a trivariate model. The empirical findings of our results reveal that there is a significant positive relationship between interest rate reforms and economic growth in Tanzania. However, the results fail to find any support for finance-led growth. © 2010 Taylor & Francis.	en
dc.language.iso	en	en
dc.subject	Africa; Economic growth; Financial depth; Interest rate reforms; Tanzania	en
dc.title	Interest rate reforms, financial deepening and economic growth in Tanzania: A dynamic linkage	en
dc.type	Article	en