engleski

The impact of bank credits to the private sector on economic growth and money supply -case Croatia

This paper examines the impact of bank credits to households and non-financial companies on economic growth and money supply. Using statistical methods aim of this study is to determine the direction and strength of the relationship between the variables in the period 1993-2013. Research results for the total period imply the existence of a positive statistical correlation between credit to the private sector with economic growth and money supply. However, in shorter periods of variable credit to the private sector in the model becomes statistically insignificant, regardless of whether the period of economic growth or decline. The conclusion is that bank credits to the private sector in Croatia have a positive effect on economic growth in the longer period

bank credits; GDP; money supply; Croatia

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