The Role of the Number of Banks on Debt Dynamics: Evidence from Eurozone Countries

2017 ◽  
Vol 68 (1) ◽  
Author(s):  
Christos Karpetis ◽  
Stefanos Papadamou ◽  
Erotokritos Varelas
Keyword(s):  
Growth Rate ◽  
Positive Relationship ◽  
Panel Data Analysis ◽  
Sufficient Evidence ◽  
Debt Ratio ◽  
Simple Theoretical Model ◽  
Gdp Growth Rate ◽  
Banking Market ◽  
Debt Dynamics

AbstractThis paper addresses the issue of impacts of the banking market structure on debt dynamics. Using a simple theoretical model, we analytically find a positive link between number of banks and growth rate of debt. By applying panel data analysis on a set of Eurozone countries, sufficient evidence for this positive relationship is provided. In case of Portugal, Italy, Greece, Spain (PIGS countries) the effects are more pronounced. More specifically, the dominant effects on debt were the GDP growth rate, the primary balance over debt ratio and the number of banks. Therefore, bank regulation should pay attention on theses linkages, implying significant benefits for debt stability.

Financial Development and Economic Growth

2015 ◽  
pp. 233-245
Author(s):  
Filiz Eryılmaz ◽  
Hasan Bakır ◽  
Mehmet Mercan
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
New Zealand ◽  
Financial Development ◽  
Positive Relationship ◽  
Panel Data Analysis ◽  
Annual Data ◽  
The Subject ◽  
The Relationship

The relationship between financial development and economic growth has been the subject of considerable debate in development and growth literature. Therefore this chapter provides evidence on the role of financial development in accounting for economic growth in 23 OECD countries (Italy, Japan, Luxemburg, Holland, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, England, USA, Australia, Austria, Belgium, Canada, Denmark, Finland, Turkey, France, Germany, Greece, Iceland) via panel data analysis using the annual data for the period 1980-2012. The authors find a positive relationship between financial development and economic growth for all countries. Also this result means that financial development leads economic growth in these countries. So the results may help policymakers formulate effective financial sector policies as a tool to promote economic growth.

scholarly journals The Role of Agricultural Policies in Jordan to Mitigate the Effects of COVID-19 on the Agricultural Sector

2021 ◽  
Vol 13 (9) ◽  
pp. 171
Author(s):  
Radi A. Tarawneh
Keyword(s):  
Growth Rate ◽  
Agricultural Sector ◽  
Labour Force ◽  
Agricultural Commodities ◽  
Agricultural Policies ◽  
Economic Sectors ◽  
Policies And Measures ◽  
Gdp Growth Rate ◽  
Sector Data

Since early 2020, an outbreak of the coronavirus disease 2019 (COVID-19) has started to spread in Jordan challenging the sustainability of Jordan’s economic sectors and the agricultural sector. A study was conducted in Jordan to evaluate the role of Jordanian Agricultural Policies to mitigate the effects of COVID-19 on the agricultural sector while its full impact on the Jordanian agricultural sector is not yet evident. A scientific questionnaire was distributed to 100 samples of Jordanians who had direct contact with the effect of agricultural policies and they can touch the effect of Coronavirus and Agricultural Policies on the agricultural sector, data selected from farmers, farm labour, fruits and vegetable traders and merchants, and Jordanian citizens were selected randomly from different areas in Jordan. The study summarizes target group opinion and some evidence on the different COVID-19 impacts on the Jordanian agricultural sector. The virus limits the free flow of labour, the agricultural labour force had a slightly decreased in 2020 compared with the year 2019 to about 7%, the country lockdown led to damage of crops due to lack of harvest and/or crop accumulation, as a result, the Jordan Agricultural Contribution to GDP growth rate at current prices was decreased 1.4%, and the growth rate at constant prices was also decreased 1.6%, the exported agricultural commodities value were not affected by COVID-19 pandemic but the imported of Agricultural commodities value was increased. Jordanian government try to facilitate the process of agricultural production and the provision of food during the Corona pandemic through issue agricultural policies and measures to alleviate the effects of the Corona pandemic on the agricultural sector.

scholarly journals The Moderating Effect of Leverage on the Relationship between Corporate Size and Audit Fees: Evidence from Jordanian Manufacturing Companies

2021 ◽  
Vol 18 ◽  
pp. 1038-1046
Author(s):  
Ahmad Dahiyat ◽  
Ahmad Bawaneh
Keyword(s):  
Positive Relationship ◽  
Annual Report ◽  
Audit Fees ◽  
Hierarchical Regression ◽  
Debt Ratio ◽  
Manufacturing Companies ◽  
Corporate Size ◽  
The Relationship ◽  
Moderating Role

The study aimed to examine the moderating role of leverage on the relationship between the size of listed Jordanian manufacturing companies and the audit fees over the period 2016-2020. The study extracted the measures of variables from the annual report of manufacturing companies available on the Amman exchange website, it employs debt ratio to measure leverage, while issued capital and total assets were used to measure the size of the company, several statistics methods such as correlation and multiple linear regression and hierarchical regression were used to analyze the data and test the relations. The results show a statistically significant impact of the size of the manufacturing company measured by capital and total assets on audit fees, furthermore, the leverage variable has modified and increase statistically the positive relationship between the size of the company and audit fees.

scholarly journals Covid-19, Remittance Inflow, and Economic Growth Rate in Nepal

2020 ◽  
pp. 69-80
Author(s):  
Arbind Chaudhary
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Least Square Method ◽  
Least Square ◽  
Economic Growth Rate ◽  
Ordinary Least Square ◽  
Domestic Literature ◽  
Gdp Growth Rate ◽  
Economic Ground

The proliferation of COVID-19 pandemic over the globe is anomalously hurting the world’s economy. The paper aims to reveal the possible loss in economic growth rate for FY 2020 due to plausible retardation in remittance/GDP size of Nepal under COVID- 19 regime by utilizing transmission approach, trend forecast, and ordinary least square method form 2000 to 2019. The study harvests two premises: first, remittance/GDP has a positive estimate to the economic growth rate and second, if the pandemic proliferates more, and if it downsizes the remittance/ GDP size by 25% to 75%, it reduces the projected GDP growth rate (6.95) up to 6.68 to 5.3% respectively for FY 2020. However, domestic literature also supports the strong role of remittance on the micro-level. Therefore, the microeconomic impact of the virus may be more appalling than the macro-economic ground.

scholarly journals The Role of Saving In Pakistans Economic Growth

2011 ◽  
Vol 15 (1) ◽  
pp. 79 ◽  
Author(s):  
Dipendra Sinha
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Positive Relationship ◽  
Time Series Data ◽  
Series Data ◽  
Total Saving ◽  
Private Saving ◽  
Long Run ◽  
The Relationship

<span>We study the relationship between saving and economic growth using time series data for Pakistan for 1960-95. We find that both total saving and private saving have a long run positive relationship with GDP. The augmented Granger causality indicate that the growth of GDP Granger causes the growth rates of both private saving and total saving. However, the growth rate of private saving is found not to be Granger causing growth of GDP while the growth of total saving is found to be causing the growth of GDP.</span>

scholarly journals Exploring the Impact of Financial Development on Inequality: Evidence from Three Asian Countries

2018 ◽  
Vol 4 (2) ◽  
pp. 341-355 ◽  
Author(s):  
Abdul Qayyum Khan ◽  
Muhammad Haroon Hafeez ◽  
Naima Saleem ◽  
Muhammad Azam
Keyword(s):  
Growth Rate ◽  
Human Capital ◽  
Income Inequality ◽  
Financial Development ◽  
Positive Relationship ◽  
Trade Openness ◽  
Gdp Growth ◽  
Asian Countries ◽  
Gdp Growth Rate ◽  
The Impact

The broad objective of the present study is to investigate the impact of financial development along with some other variables namely GDP per capita, inflation rate, human capital, and trade openness for three developing Asian countries- Bangladesh, India and Pakistan. Annual time series data during the period 1980-2014 have been used for empirical investigation. After employing appropriate tests and estimation techniques, it is found that the financial development is statistically insignificant for all three countries, it implies that yet these developing countries are not efficiently allocating domestic private credit to poor segments of population. The results also reveal that inflation impedes income inequality for Bangladesh and India.  GDP growth rate is insignificant for India and Pakistan however it is significant for Bangladesh having statistically positive relationship with income inequality. It means that GDP growth rate is linked with growth of income of elite class rather than bottom segments of population. National income improves inequality for Bangladesh but have insignificant affect on income inequality for India and Pakistan. Similarly, trade openness is insignificant for India and Pakistan, however it is significant for Bangladesh having statistically positive relationship with income inequality, which indicates that there is increasing unemployment in these countries due to lesser employment opportunities for skilled and unskilled labour. Empirical results of human capital shows insignificancy for India and Pakistan where as it is significant for Bangladesh; hence revealing that these countries failed to optimally utilize their resources in educational sector.

Emerging Challenges and Opportunities of Mobile Commerce in India: A Study on Societal Perspective

2016 ◽  
Vol 6 (1) ◽  
Author(s):  
Utkarsh Kumar ◽  
Anil Kumar Gope ◽  
Shweta Singh
Keyword(s):  
Growth Rate ◽  
Societal Perspective ◽  
Mobile Applications ◽  
Mobile Application ◽  
Mobile Commerce ◽  
Mobile Banking ◽  
Black And White ◽  
The People ◽  
Challenges And Opportunities

In India, the position of mobile banking was in saga and this time, it is in pic position. The speedof reaching the people is going high and high. This is time of wireless world and sense of prestige; no doubt the mobile commerce is contributing to enhance the beauty of life and playing the role of metaphor and has become the part and parcel of our life. This growth has changed people to do business in mobile commerce (М- Commerce). Peoples are transferring to M-Commerce to attain good and fast transaction into market and saving their precious time. M-Commerce has become distinguished in Indian people, quickly during last few years. Due to large number of mobile application, growth rate in mobile penetration in India is increasing with the rapid speed. The mobile users has shifted to use the android phone from simple and black and white phone and taking the service of internet, the role of telecom companies is also important in the being popular of mobile commerce. Although many people have started E-Commerce but still a separate part of the society feel uncomfortable and hesitate to use M-Commerce because of security problems, payment issues and complexity of mobile applications. This paper identifies facts about the feasibility of MCommercein India today its growth and the Strength and opportunity, weakness and threats lying ahead.

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