文档介绍：
0040215
ECONOMICGROWTHINLIBERIA,THEROLEOFTHE
FINANCIALSYSTEM
BY
BAYSAED,ACQUOI
DEPARTMENTOFECONOMICSANDINTERNATIONALTRADE
CAPITALUNIVERSITYOFECONOMICSANDBUSINESSCUEB
BEIJING,
INPARTIALFULFILMENTOFTHEREQUIREMENTFORTHEAWARDOF
MASTERDEGREEOFSCIENCEMscJINECONOMICS
June082009
ABSTRACTS
Thisobjectivef饯isstudy证如investigatstheinkbetweenfnancial
developmentandecopomicgrowthinLiberiaovertheperiodt19802005达the
+
anderrorcorreetionmodeingproposedbyEngleandGranger1887,hich
ProridedmechanismstdealWiththepmoblemsofunitzootced讨timeseries
dataTheevidence迈thisstudysupportstheviewatfnandialector
developmentatteotseconomicgzowth讨ashortrunandongrunperspective。
ApFlyingthegeneral如speiteapproach如errorcorreetionmodslthe
statistioalesultssugpgestedtheexistenceofstablelongrancointegrating
elationshipsbetweenthehnancialsectordevelopmentyariablesandeonomi
growth,Thevariablesthatatfecteconomicgrowthareconsistentwiththe
hypothesizedsignsandarealeofoundtobestatisticaliysignicant
NagwordFinancialsectordevelopmentBconomicgrowthECMLiberia
DEDICATION
Thisthesis拙dedioatedtgmydearmotherWeedorJallaboiforherlove
ingpirationandgreatspinitoftolerance,Shethoughtmeperseverancethis
greatisdomhasbelpmetogurviveundereverycontditions【amalso
ACKNOWLEDGEMENT
IwishtoexpressimmensegratitudetotheallmightyGodforhisguidance
insightfaleontributiontothisstudy,IamalsogratefultoProfeseorLiiingDr
DinilitngandDr,Langfortheirinspirationandguidanceduringtbisstudy.
DebtofgratitudealsogoesLiaDaoshiantathesta的ofthe
internationaloticeforpatienceantgreatfriendship
MycolleaguesotthesehoolofbusinessMr,martinsOgarJosephThornton,
SeniorcomradeTarkoAdane,KumbahMondehfortheirffiendshipand
thoughtfalcomments
Thesupportofmyfumity,xelativesandfriendswasalsoinvaluable。训
completingthisstudyitoyouallIamgratefulFinallyIwouldliketoexpress
mysincere乙anksandgratitudetotheGovera