Asymmetric impact of microfinance on economic growth: Evidence from Bosnia and Herzegovina

Asymmetric impact of microfinance on economic growth: Evidence from Bosnia and Herzegovina

This study explores the correlation between microfinance loans (MFL) and economic growth in Bosnia and Herzegovina (Bosnia). It utilizes the non-linear Autoregressive Distributed Lag (NARDL) method to examine cointegration and short-run dynamics by analyzing quarterly data spanning from 2010 to 2022...

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Bibliographic Details
Main Author: Edib Smolo
Format: Article
Language:English
Published: Elsevier 2023-12-01
Series:Heliyon
Subjects:
Microfinance
Microcredit
Economic growth
Non-linearity
NARDL
Bosnia and Herzegovina
Online Access:http://www.sciencedirect.com/science/article/pii/S240584402309998X

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