Naslov
Development and efficiency of banking and economic growth in Central and Eastern Europe

Autori
Ćurak, Marijana ; Poposki, Klime ; Ećim, Tanja

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
The Role of the University in the Analysis of Current Economic Crisis / - Bukurešt : Editura Fundației România de Mâine”, 2009, 459-466

ISBN
978-973-163-460-9

Skup
The Annual Scientific Conference of the Academic Staff with International Attendance

Mjesto i datum
Bukurešt, Rumunjska, 28.05.2009

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
banking; financial intermediation; endogenous growth; panel; Central and Eastern Europe

Sažetak
In an endogenous growth framework, well developed and efficient financial system can promote economic growth. A number of empirical studies confirmed this hypothesis. Since the financial systems of transition countries are dominated by banks, in this paper we analyze the importance of banking industry for economic growth using methods of panel data analysis for 15 Central and Eastern European countries in the period from 1992 to 2006. Using variables that measure both quantitative and qualitative aspects of financial intermediation, our findings support the view that the effectiveness of banking industry is more important than its size per se for the economic growth in the Central and Eastern European countries.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA