The credit impact on the economic growth
In the current economic context, ensuring a sustainable and consistent economic growth is required for the reduction of development gaps by comparison the European average. To this end, an important part is played by resuming the economy financing and supporting the investment processes that generat...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2015-03-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1053.pdf
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| _version_ | 1818526154992123904 |
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| author | Daniel ARMEANU Carmen PASCAL Dorina POANTA Cristina Andreea DOIA |
| author_facet | Daniel ARMEANU Carmen PASCAL Dorina POANTA Cristina Andreea DOIA |
| author_sort | Daniel ARMEANU |
| collection | DOAJ |
| description | In the current economic context, ensuring a sustainable and consistent economic
growth is required for the reduction of development gaps by comparison the European
average. To this end, an important part is played by resuming the economy financing and
supporting the investment processes that generate income and jobs. This article aims to test
the credit impact on the economic activity, if it is relevant in generating economic growth,
as it represents a key factor in supporting the activity, or, on the contrary, if it affects the
activity, diminishing its growth rhythm. The literature does not provide a clear answer to
these aspects, as the periods taken into account for the analysis are short ones, are not
homogenous, the economic conditions under which the crediting processes developed are
different and the economy is disturbed by the external shocks and factors, which are
difficult to intercept in the model. This article starts from the components within the GDP
breakdown, identifies the relationship which is established between these and the credits
granted to individuals and legal persons, assesses the credit impact on the economic
activity and estimates a possible influence on the GDP. |
| first_indexed | 2024-12-11T06:18:59Z |
| format | Article |
| id | doaj.art-1204c8f965544f8a8580f6c19463897e |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-12-11T06:18:59Z |
| publishDate | 2015-03-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-1204c8f965544f8a8580f6c19463897e2022-12-22T01:17:53ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292015-03-01XXII151418418678The credit impact on the economic growthDaniel ARMEANU0Carmen PASCAL1Dorina POANTA2Cristina Andreea DOIA3 Bucharest Academy of Economic Studies, Romania Bucharest Academy of Economic Studies, Romania Bucharest Academy of Economic Studies, Romania Bucharest Academy of Economic Studies, Romania In the current economic context, ensuring a sustainable and consistent economic growth is required for the reduction of development gaps by comparison the European average. To this end, an important part is played by resuming the economy financing and supporting the investment processes that generate income and jobs. This article aims to test the credit impact on the economic activity, if it is relevant in generating economic growth, as it represents a key factor in supporting the activity, or, on the contrary, if it affects the activity, diminishing its growth rhythm. The literature does not provide a clear answer to these aspects, as the periods taken into account for the analysis are short ones, are not homogenous, the economic conditions under which the crediting processes developed are different and the economy is disturbed by the external shocks and factors, which are difficult to intercept in the model. This article starts from the components within the GDP breakdown, identifies the relationship which is established between these and the credits granted to individuals and legal persons, assesses the credit impact on the economic activity and estimates a possible influence on the GDP. http://store.ectap.ro/articole/1053.pdf creditingeconomic growthGDPinvestment |
| spellingShingle | Daniel ARMEANU Carmen PASCAL Dorina POANTA Cristina Andreea DOIA The credit impact on the economic growth Theoretical and Applied Economics crediting economic growth GDP investment |
| title | The credit impact on the economic growth |
| title_full | The credit impact on the economic growth |
| title_fullStr | The credit impact on the economic growth |
| title_full_unstemmed | The credit impact on the economic growth |
| title_short | The credit impact on the economic growth |
| title_sort | credit impact on the economic growth |
| topic | crediting economic growth GDP investment |
| url |
http://store.ectap.ro/articole/1053.pdf
|
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