Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Testing the credit view with pooled data: dynamic links among state bank health, investment-oriented bank loans, and economic performance
Abstract This paper focuses on the “credit view” theory at the state level, which suggests that state-level banking sector health influences state-level real economic performance. Specifically, we extend typical analysis of the credit view theory, applying relevant state-level economic variables to consider whether the health of a state’s banking system affects capital investment loans and, in turn, whether growth of these loans affects a state’s economic performance. We develop a two-equation state-level model, use more refined measures of capital investment loans, and apply advanced dynamic pooled estimators to our panel of state data for the 1984–1993 period. Regression results support dynamic links among state bank health, state investment-oriented bank loans, and state economic performance, thus supporting existence of a state-level credit channel effect.
Testing the credit view with pooled data: dynamic links among state bank health, investment-oriented bank loans, and economic performance
Abstract This paper focuses on the “credit view” theory at the state level, which suggests that state-level banking sector health influences state-level real economic performance. Specifically, we extend typical analysis of the credit view theory, applying relevant state-level economic variables to consider whether the health of a state’s banking system affects capital investment loans and, in turn, whether growth of these loans affects a state’s economic performance. We develop a two-equation state-level model, use more refined measures of capital investment loans, and apply advanced dynamic pooled estimators to our panel of state data for the 1984–1993 period. Regression results support dynamic links among state bank health, state investment-oriented bank loans, and state economic performance, thus supporting existence of a state-level credit channel effect.
Testing the credit view with pooled data: dynamic links among state bank health, investment-oriented bank loans, and economic performance
Jeong, Woocheon (Autor:in) / Kymn, Kern O. (Autor:in) / Kymn, Christine J. (Autor:in) / Cushing, Brian (Autor:in)
2006
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
BKL:
83.64$jRegionalwirtschaft
/
74.12
Stadtgeographie, Siedlungsgeographie
/
38.00$jGeowissenschaften: Allgemeines
/
38.00
Geowissenschaften: Allgemeines
/
83.64
Regionalwirtschaft
/
74.12$jStadtgeographie$jSiedlungsgeographie
RVK:
ELIB39
/
ELIB18
/
ELIB45
Lokalklassifikation FBW:
oek 4450
More Green, Better Funding? Exploring the Dynamics between Corporate Bank Loans and Trade Credit
| DOAJ | 2023