Banking sector performance and economic growth: evidence from Southeast European countries

Küçük Resim Yok

Tarih

2020

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Routledge Journals, Taylor & Francis Ltd

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Using a dynamic panel generalized method of moments (GMM), this paper examines the dynamic impact of banking sector performance on economic growth in thirteen Southeast European countries over the period 2000-2015 by taking into account human capital, investment, and trade openness, among other factors. The main empirical finding suggests a positive and significant impact of banking sector performance on economic growth, which implies that banking efficiency is among the main determinants of overall economic growth. Further, the impact of investment, human capital, and trade openness is found to be positive and significant. The major policy recommendation is that the governments in the respective countries should foster their banking system because of its direct impact on economic growth.

Açıklama

Anahtar Kelimeler

Banking performance, economic growth, financial development, generalized method of moments, Southeast Europe

Kaynak

Post-Communist Economies

WoS Q Değeri

Q3

Scopus Q Değeri

Q2

Cilt

32

Sayı

2

Künye