Bank credit and economic growth:a dynamic panel data analysis

Nuno Carlos Leitão

31 citations0/0 files storedRePEc: Research Papers in Economics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Banking stability, regulation, efficiency Economic Growth and Productivity

Abstract

This study examines the link between bank lending and economic growth for European Union (EU-27) for the period 1990 to 2010. We apply a dynamic panel data (GMM-system estimator). This estimator permits to solve the problems of serial correlation, heteroskedasticity and endogeneity for some explanatory variables. As the results show, savings promotes growth. The inflation and bank credit have a negative impact on economic growth as previous studies.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 31 citations exist upstream.

References

1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 1995Another look at the instrumental variable estimation of error-components models 1998Law and Finance 1995Initial conditions and moment restrictions in dynamic panel data models 1993Finance and Growth: Schumpeter Might Be Right 2004A finite sample correction for the variance of linear efficient two-step GMM estimators 1999Threshold effects in non-dynamic panels: Estimation, testing, and inference n.d.Financial Development and Economic Growth: Views and Agenda

Cited by

2014Bank Credits to the Private Sector: Potency and Relevance in Nigeria’s Economic Growth Process 2019A Micro Based Study on Bank Credit and Economic Growth: Manufacturing Sub-Sectors Analysis

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.