Publication Date
2023
Document Type
Dissertation/Thesis
First Advisor
Ryu, Duchwan D.
Degree Name
M.S. (Master of Science)
Legacy Department
Department of Statistics and Actuarial Science
Abstract
This thesis evaluates the impact of credit offered by the banking system on the investment rate of seven West African countries that are members of the West African Economic and Monetary Union (WAEMU) countries using data from the World Bank dataset from 1996-2012. Using a fixed effect model and random intercept model, I find that the credit offered by the banking system to private investors has a positive and statistically significant effect on the investment rate. In contrast, no significant effect was found for the credit offered by the banking system to the government. Further, I find a negative relationship between the credit offered to the private sector and the credit offered to governmental institutions; however, this relationship is not statistically significant.
Recommended Citation
Sanou, Sylvie, "The Impact of Credit on Domestic investment: Case of West African Economic and Monetary Union Countries" (2023). Graduate Research Theses & Dissertations. 7183.
https://huskiecommons.lib.niu.edu/allgraduate-thesesdissertations/7183
Extent
35 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
