The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy

This study attempts to investigate the impact of the Palestinian banking sector on economic growth that was measured by the Gross Domestic Product (GDP) during the period 2005-2017. The researcher chose bank's credit as an explanatory variable which is measured by six independent variables name...

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Main Authors: Khaled Zidan, Yazan Abu Jazar, Majd Abu Gharbiah
Format: Article
Language:English
Published: EconJournals 2020-02-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:http://www.econjournals.com/index.php/ijefi/article/view/7369
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author Khaled Zidan
Yazan Abu Jazar
Majd Abu Gharbiah
author_facet Khaled Zidan
Yazan Abu Jazar
Majd Abu Gharbiah
author_sort Khaled Zidan
collection DOAJ
description This study attempts to investigate the impact of the Palestinian banking sector on economic growth that was measured by the Gross Domestic Product (GDP) during the period 2005-2017. The researcher chose bank's credit as an explanatory variable which is measured by six independent variables namely Direct Credit Facilities (DCF), Indirect Credit Facilities (ICF), Loans to deposits (LTD), Deposits (DTGDP) Average Interest Rates (AIR) and Banks Investments in local financial securities (DTGDP). These variables are indicators of banking sector and affect the economic growth.  The data was collected from the audited annual reports of the sample banks, the Palestinian Monetary Authority (PMA)'s annual reports and Association of Banks in Palestine. These variables had been used as a percentage of RGDP.  The findings and analysis revealed that there is weak relationship between the economic growth and the banking sector. 
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spelling doaj.art-c4b4097315614b35afd714df03b719172023-02-15T16:20:53ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-02-019110.32479/ijefi.7369The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian EconomyKhaled Zidan0Yazan Abu Jazar1Majd Abu Gharbiah2Department of Banking and Finance, Faculty of Economics and Social Studies, An-Najah National University. Nablus, Palestine.Department of Banking and Finance, Faculty of Economics and Social Studies, An-Najah National University. Nablus, Palestine.Department of Banking and Finance, Faculty of Economics and Social Studies, An-Najah National University. Nablus, PalestineThis study attempts to investigate the impact of the Palestinian banking sector on economic growth that was measured by the Gross Domestic Product (GDP) during the period 2005-2017. The researcher chose bank's credit as an explanatory variable which is measured by six independent variables namely Direct Credit Facilities (DCF), Indirect Credit Facilities (ICF), Loans to deposits (LTD), Deposits (DTGDP) Average Interest Rates (AIR) and Banks Investments in local financial securities (DTGDP). These variables are indicators of banking sector and affect the economic growth.  The data was collected from the audited annual reports of the sample banks, the Palestinian Monetary Authority (PMA)'s annual reports and Association of Banks in Palestine. These variables had been used as a percentage of RGDP.  The findings and analysis revealed that there is weak relationship between the economic growth and the banking sector.  http://www.econjournals.com/index.php/ijefi/article/view/7369Gross Domestic Product; banking sector; Palestine
spellingShingle Khaled Zidan
Yazan Abu Jazar
Majd Abu Gharbiah
The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy
International Journal of Economics and Financial Issues
Gross Domestic Product; banking sector; Palestine
title The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy
title_full The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy
title_fullStr The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy
title_full_unstemmed The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy
title_short The Impact of Banking Sector on Economic Growth: Empirical Analysis from Palestinian Economy
title_sort impact of banking sector on economic growth empirical analysis from palestinian economy
topic Gross Domestic Product; banking sector; Palestine
url http://www.econjournals.com/index.php/ijefi/article/view/7369
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