Banks, Financial Innovations and Regional Growth
نویسندگان
چکیده
There is a well-documented cross-country literature on the relationship between finance and growth. This paper contributes to this literature by analysing the relationships between financial intermediation and economic growth within the regions of one country, rather than different countries. The focus on regions is relevant since regional information is more homogeneous, the legal and institutional factors are similar, and the relevant financial market is more accurately defined. Our study also incorporates the effects of a set of innovations in the banking sector on the regional growth. The empirical analysis is undertaken for the Spanish regions over 1986-2001. JEL Classification: G21, R11
منابع مشابه
Electronic Banking Capacities and Transparency in the Iranian Banking Network
Innovations in electronic banking in Iran have led to the development in capacities such as payment instruments and transactions by cards, which are known as electronic payment equipment in the Iranian banking network. Financial supervision is required to be increasingly based on reporting and regulatory processes to efficiently and proactively monitor risk and compliance at banks and financial...
متن کاملSimultaneous Effect of Liquidity Risk and Credit Risk on the Stability of Banks that Accepted in Tehran Stock Exchange
Banks are an essential elements of the financial discipline in many countries, and as financial intermediaries, they play a crucial role in achieving the growth and financial development of each state. Banking industry development and its efficiency can also lead to long-term economic growth and on the contrary, lack of banking network development may cause a decline in economic growth. Regar...
متن کاملIdentifying the components of universities smart specialization strategy
The strategy for smart specialization university has been one of the main policies of the European Union in recent years to develop regional performance and economic growth through university systems. In spite of this, no research has been done to identify the components of this strategy. Accordingly, this study aimed to identify the components of the smart specialization strategy of higher edu...
متن کاملPerformance Analysis of Banks and Microfinance Institutions in India
Present paper intends to measure the determinants of performance of Indian financial sector. The performance variables of banking sector and microfinance institutions in India are studied over a study period of six years i.e. 2006-07 to 2011-12. The financial sector of India is gaining strength over the years and its contribution to growth is overwhelming. Banks are considered the main componen...
متن کاملThe Determinates of Financial Development in Iraq
T his paper examines the effect of factors on the development of commercial banking in Iraq. Seven factors used as determinates for financial depth which are per capita GDP, inflation rate, government budget deficit, share of state-owned banks of total assets as proxy of financial repression, oil sector domination, international trade openness and political stability as explanatory v...
متن کامل