Journal of International Business and Economics

Investment-Financial Intermediation Nexus in Ivory Coast: Evidence from an Ardlbounds Testing Approach
Séraphin Prao YAO

Abstract
The aim of this paper is to examine the impact of bank intermediation on investment in Ivory Coast, over the period from 1983 to 2015. Methodologically, this study applied the ARDL method to explore the nature of the relationship between our explanatory variables and investment in Ivory Coast. The study indicates some major results. In both the short and long term, bank credit granted to the private sector and bank deposits have a positive influence on investment in Côte d'Ivoire. However, the financial depth is not conducive to investment. It is possible that the lack of control in the management of banking risks means that financial products do not benefit investment.

Full Text: PDF     DOI: 10.15640/jibe.v6n2a5