지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2017.8
- 수록면
- 127 - 151 (25page)
- DOI
- 10.17256/jer.2017.22.2.002
이용수
초록· 키워드
오류제보하기
Banks are more liquid, better capitalised, and more profitable in oil-dependent countries. However, bank credit to the private sector is relatively low as a percentage of GDP. The low level has been blamed, amongst other reasons, on governments’ reliance on the banking sector to finance fiscal deficits. This study examines the crowding out effect of government domestic borrowing using a panel data model for 28 oil-dependent countries over the period 1990-2012. We estimate the model, using both fixed effects and generalised method of moments estimators and find that a one percent increase in government borrowing from domestic banks significantly decreases private sector credit by 0.22 percent and has no significant impact on the lending rate banks charge to the private sector. This finding suggests that government domestic borrowing has resulted in the shrinking of private credit and works through the credit channel and not the interest rate channel.
목차
등록된 정보가 없습니다.
참고문헌 (50)
참고문헌 신청
Ahmed, J. / 2016 / Credit Conditions in Pakistan: Supply Constraints or Demand Deficiencies? / The Developing Economies 54(2):139~161
Arellano, M / 1991 / Some tests of specification for panel data:Monte Carlo evidence and an application to employment equations / Review of Economic Studies 58:277~297
Abdel-Kader, K / 2006 / Private Sector Access to Credit in Egypt: Evidence From Survey Data
Aschauer, D. A / 1989 / Does Public Capital Crowd Out Private Capital? / Journal of Monetary Economics 24:171~188
Akinboade, O. A / 2004 / The relationship between budget deficit and interest rates in South Africa: some econometric results / Development Southern Africa 21(2):289~302
Arellano, M / 1991 / Some tests of specification for panel data:Monte Carlo evidence and an application to employment equations / Review of Economic Studies 58:277~297
Abdel-Kader, K / 2006 / Private Sector Access to Credit in Egypt: Evidence From Survey Data
Aschauer, D. A / 1989 / Does Public Capital Crowd Out Private Capital? / Journal of Monetary Economics 24:171~188
Akinboade, O. A / 2004 / The relationship between budget deficit and interest rates in South Africa: some econometric results / Development Southern Africa 21(2):289~302
함께 읽어보면 좋을 논문
논문 유사도에 따라 DBpia 가 추천하는 논문입니다. 함께 보면 좋을 연관 논문을 확인해보세요!
-
Review of Potential Credit Risk in the Corporate Sector and Domestic Bank Stress Test
[BOK] Financial Stability Report
2023 .08
-
녹색신용대출이 중국상업은행의 신용위험에 미치는 영향
유통경영학회지
2022 .02
-
은행의 불안정성을 유발하는 과잉 민간신용의 규모에 대한 연구: 국제비교
국제금융연구
2017 .05
-
특수관계인과의 거래를 고려한 은행차입금과 거래신용의 연관성
산업경제연구
2019 .04
-
The Effect of Borrowing Firms’ Financial Performance on Main Banks
재무와 회계정보저널
2018 .01
-
Financial Globalization: Effects on Bank's Information Acquisition and Credit Risk
[BOK] Working paper
2021 .01
-
The Impacts of Foreign Banks’ Entry on Credit Allocation in India
질서경제저널
2017 .01
-
기업 신용위험과 기업간 거래신용의 연관성
전문경영인연구
2020 .01
-
Feasibility Study on Applying the Right to Be Forgotten for Credit Restoration in Personal Bankruptcy
회생법학
2023 .06
-
The Effects of Lowering the Statutory Maximum Interest Rate on Non-bank Credit Loans
[KDI] Journal of Economic Policy
2022 .08
-
The crowding-out effect of public debt on private investment in developing economies and the role of institutional quality
Seoul Journal of Economics
2022 .11
-
The Dynamics of Private Sector Development in Natural Resource Dependent Countries
Global Economic Review
2020 .01
-
신용정보의 이용 및 보호에 관한 법률 개정의 의의
경영법률
2015 .01
-
Credit Where Credit Is Due: Respecting Authorship and Intellectual Property
[KIIP] 한국지식재산연구원 도서DB
2018 .12
-
잠재성장모형(LGM)을 통한 신용협동조합의 신규취급(담보,신용)대출 관계성 연구
서비스경영학회지
2015 .09
-
The credit market of Russia: the assessment of condition, the development of tendency
East Asian Journal of Business Economics
2017 .06
-
Motivation as a Factor of Growth of Effective Work in Commercial Banks of Uzbekistan
로고스경영연구
2015 .09
-
신용위험에 따른 KOSPI200 옵션의 풋콜관계
경영교육연구
2018 .10
-
Does Credit Supply Accelerate Business Cycle Changes in Korea?: Some New Evidence by Incorporating Regime Changes
계량경제학보
2020 .01
-
중국 국유기업과 비국유기업의 단기자금 조달구조 결정요인: 금융경색 및 재무제약이 기업간신용 차입비중에 미치는 영향의 실증분석
국제경영연구
2020 .01
이 논문의 저자 정보
최근 본 자료
댓글(0)
0