연구정보
[경제] An empirical investigation of banking sector development and economic growth in a panel of selected SAARC countries
인도ㆍ남아시아 일반 국외연구자료 학술논문 Javed AHMED, Malik Fahim BASHIR Theoretical and Applied Economics 발간일 : 2017-08-17 등록일 : 2017-08-17 원문링크
This study examine the relationship between banking sector development and economic growth in South Asian Association for Regional Cooperation (SAARC) over the period of 1980-2013 by entailing ordinary least square (OLS), two stages least square (TSLS), and panel TSLS fixed-effect model. Key banking sector development variables include money and quasi money (RQM) and domestic credit to private sector by banks (PC) have a positive and statistically robust effect on economic growth in all models. The study concludes that no economy can develop without a substantial growth in the banking sector and it is important to have a sound and rigorous banking system for building a sustained economic growth. Therefore, the SAARC economies are suggested to focus on the development of the banking sector for their long run growth.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
이전글 | [경영] The Study of Rapid Korean Economic Growth on Sri Lankan Economy | 2017-05-16 |
---|---|---|
다음글 | [경제] Hydropower Development and Economic Growth in Nepal | 2020-07-08 |