Bank credit and short-run economic growth : a dynamic threshold panel model for ASEAN countries
Résumé
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.
Domaines
Economies et finances
Origine : Fichiers produits par l'(les) auteur(s)
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