Pregled bibliografske jedinice broj: 850456
Interest Rates and Economic Growth: Strength of the Nexus
Interest Rates and Economic Growth: Strength of the Nexus // Transformations in Business & Economics, 14 (2015), 2; 66-80 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 850456 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Interest Rates and Economic Growth: Strength of the Nexus
Autori
Škare Marinko ; Benazić Manuel
Izvornik
Transformations in Business & Economics (1648-4460) 14
(2015), 2;
66-80
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
interest rates; growth; Solow-Swan; nexus; subset VAR; Croatia
Sažetak
The authors of this article analyse the interest rates - growth nexus in the Croatian economy contrasting the standard growth theory assumption. Solow-Swan growth model implies positive correlation between the interest rates and growth. Using quarterly data from 1996 to 2013 for Croatia, a negative correlation between the interest rates and growth is found. Slower economic growth is associated with the higher interest rates regimes. Only a weak effect of GDP on interest rates on deposits is isolated in line with the results of Caroll and Summers (2014) and Bosworth (2014). The nexus between the interest rates and growth is a fact that must be thoroughly investigated to improve the standard growth theories disregarding this important relationship.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
HRZZ-IP-2013-11-9481 - Modeliranje ekonomskog rasta - napredno sekvenciranje i algoritam predviđanja (MEGASFORA) (Škare, Marinko, HRZZ - 2013-11) ( CroRIS)
Ustanove:
Sveučilište Jurja Dobrile u Puli
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus
- EconLit
Uključenost u ostale bibliografske baze podataka::
- EconLit
- IBSS - The International Bibliography of the Social Sciences
- Journal of Economic Literature
- 2. ISI Web of Science (& Master Journal List) by Thomson Services, Social Sciences Citation Index, Social SciSearch, Journal Citation Reports / Social Sciences Edition, EBSCO (EconLit with Full Text), IBSS, EconLit, e-JEL, JEL on CD, SCOPUS, Cabell’s Directory
