Measuring credit structure impact on economic growth in Croatia using (VECM) 1990-2018

Measuring credit structure impact on economic growth in Croatia using (VECM) 1990-2018

Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in empirica...

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Bibliographic Details
Main Authors: Marinko Škare, Dean Sinković, Małgorzata Porada-Rochoń
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2019-03-01
Series:Journal of Business Economics and Management
Subjects:
growth
credit
Croatia
VECM
transition
credit structure
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/8344

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