Determinants of bank credit in Pakistan: A supply side approach
Determinants of bank credit in Pakistan: A supply side approach
复制标题
巴基斯坦银行信贷的决定因素：供应方方法
DOI：
10.1016/j.econmod.2013.07.022
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发表时间：
2013
影响因子：
4.7
通讯作者：
Mohammed Nishat
中科院分区：
文献类型：
--
作者：
K. Imran;Mohammed Nishat
本研究以实证方式确定了在不同金融环境和新兴全球挑战下解释银行信贷的因素。本研究主要关注供应方，使用ARDL计量经济学方法，使用1971年至2010年期间巴基斯坦的年度数据。实证结果表明，外国负债，国内存款，经济增长，汇率和货币条件显着相关的银行信贷的私营部门在巴基斯坦，特别是在长期。而通货膨胀率和货币市场利率对私人信贷没有影响。此外，在短期内，国内存款不会影响私人信贷。研究结果还表明，银行的财务健康状况和流动性在贷款决策中起着重要的作用。结果还表明，长期关系是稳定的，任何短期形成的不平衡将是暂时的，并在一段时间内得到纠正，以每年53.5%的速度。这项研究没有统计区分银行信贷的行为在非金融（1971年至1989年）和金融改革时期（1990年后）在巴基斯坦。
This study empirically identifies the factors which explain the bank credit to the businesses in varying financial environments and emerging global challenges. With the major focus on supply side this study uses the ARDL econometric approach using annual data from the period 1971 to 2010 for Pakistan. The empirical results indicate that the foreign liabilities, domestic deposits, economic growth, exchange rate, and the monetary conditions are significantly associated with bank credit to the private sector in Pakistan, particularly in the long run. Whereas the inflation and money market rate does not affect the private credit. Moreover, in the short run the domestic deposit does not influence private credit. The results also infer that the financial health and liquidity of the banks play a significant and vital role in the determination of loan. Results also indicate that the long run relationship is stable and any disequilibrium formed in the short run will be temporary and get corrected over a period of time with a high speed of 53.5% per year. This study does not statistically distinguish the behavior of bank credit during non-financial (1971–1989) and financial reform periods (after 1990) in Pakistan.