The Effects of Banking Facilities on Economic Growth (Steady-State approach)
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Mohsen Fathiaghabab * , Khosrow Azizi , Mahmood Mahmoodzade |
Islamic Azad University |
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Abstract: (2999 Views) |
The purpose of this paper is to investigate the effect of banking facilities on economic growth with a steady-state approach. The econometric analysis of the paper is based on The Generalized method of Movements (GMM), using data for the period 1991-2017 collected from different data basis. The results show that banking facilities have a positive and significant impact on the economic sectors. Also, results show that the building and housing sectors, services, agriculture and industry, and mining, respectively, have the most affected by the banking facilities. Therefore, the attention of banks to the degree of effectiveness of concessions in economic growth should be addressed by policymakers to prioritize the granting of concessions to those that have a high impact on economic growth. |
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Keywords: Banking Facilities, Economic Growth, Monetary Policy, Generalized Method of Movement (GMM). |
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Full-Text [PDF 723 kb]
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Type of Study: Research |
Subject:
Special
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