Naslov
The linkage between extensive lending to private individuals and international trade in small open economies

Autori
Bilas, Vlatka ; Bošnjak, Mile ; Novak, Ivan

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

Izvornik
International Conference CHALLENGES OF EUROPE: INNOVATIVE RESPONSES FOR RESILIENT GROWTH AND COMPETITIVENESS / - Split : Faculty of Economics in Split, 2017, 117-126

Skup
Twelfth International Conference on Challenges of Europe

Mjesto i datum
Bol, Hrvatska, 17.05.2017. - 19.05.2017

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
International trade, Lending, Comparative advantages, Small open economies

Sažetak
This paper examines the relationship between international trade and extensive lending to private individuals in a five European post- socialist countries. The study uses panel data for the period 1996 - 2014. The results of Panel ARDL show that increase in banking loans to private individuals over banking loans to corporate increase imports over exports in a short ran. In a long run the exports of the economies outperforms its imports and so the opposite direction was confirmed. The research results indicate that lending to private individuals might be a source of comparative advantages for international trade of small open economies and therefore improve its exports competitiveness.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA