In this paper, we investigated the relationship between financial
inclusion (FI), trade openness (TO), human development (HD), and GDP growth
in Algeria. Our data set covers annual times series data from 1980 to 2018. The
autoregressive distributed lag (ARDL) bounds test was used to examine the
cointegration between variables due to mixed orders of integration I(0) and
I(1).The results indicate that financial inclusion, trade openness, human
development have a positive and significant impact on economic growth in the
short and long-run, thereby confirming the strength of the finance-growth
connections. Granger-causality test confirms that there is bi-directional causality
between financial inclusion and economic growth.
عويسي أمين | AOUISSI Amine | 8226