The objective of this study is to analyze the impact of financial stability on economic growth in the CEMAC zone. Using annual data over the period 2003-2016, the empirical results from the estimation of a cointegrated panel model using FMOLS and DOLS methods indicate that financial stability has a positive effect on economic growth. Moreover, these results reveal that financial depth does not significantly influence economic growth in the area.
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Nokam et al. (2023) studied this question.
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