Study | Sample | Estimation Methods | Main Measures | Main Findings |
| Mauritius, 1979-2002 | ECM/Granger causality | Private sector credit to GDP | PSC significantly and positively related to economic growth and bi-directional causality between finance and growth |
| Mauritius, 1970-2000 | ECM/Granger causality | Bank deposits to GDP, Private sector credit to GDP | Positive bi-directional causality between banking sector development and economic growth |
| Mauritius, 1952-2004 | ARDL/ECM | Private sector credit to GDP and M2/GDP | Positive and significant short-run and long-run effects of finance on growth |
| Mauritius, 1970-2009 | VECM/Granger causality | M2/GDP, Private sector credit to GDP | Positive long-run causal effects of M2/GDP and Private sector credit to GDP on economic growth |