Bank credit and short-run economic growth : a dynamic threshold panel model for ASEAN countries

Sy-Hoa Ho (1, 2) , Jamel Saadaoui (3)

1 DTU - Duy Tan University
2 Thang Long University
3 BETA - Bureau d'Économie Théorique et Appliquée

We investigate short-run nonlinear impacts of bank credit on economic growth in ASEAN countries. We find an inverted L-shaped relationship and a statistically significant threshold of 96.5%. Positive effects of bank credit expansion on short-run economic growth fade away after this threshold.

Mots clés: Bank credit; Economic growth; Dynamic threshold estimation; ASEAN

Domaines: Economies et finances

Sy-Hoa Ho, Jamel Saadaoui. Bank credit and short-run economic growth : a dynamic threshold panel model for ASEAN countries. 2020. ⟨hal-03008069⟩