img
Impact of domestic credits on the current account balance A panel ARDL analysis for 15 OECD countries     
Yazarlar
Ekrem Erdem
Erciyes Üniversitesi, Türkiye
Prof. Dr. Gülbahar ÜÇLER
Ahi Evran Üniversitesi, Türkiye
Prof. Dr. Ümit BULUT
Ahi Evran Üniversitesi, Türkiye
Özet
A very fast credit growth that is denominated as a credit boom not only contributes to financial and economic growth, but also can have negative effects on the current account balance and can increase the probability of a financial crisis stemming from the current account deficit. This study aims to investigate whether domestic credits affect the current account balance. For this purpose, the panel data set of 15 OECD countries was used for the period 1986-2010. The results obtained from the panel ARDL analysis prove that domestic credits have a negative impact on the current account balance, as was expected. © Ekrem Erdem, Gulbahar Ucler, Umit Bulut, 2014.
Anahtar Kelimeler
Credit boom | Current account balance | Panel ARDL analysis
Makale Türü Özgün Makale
Makale Alt Türü SCOPUS dergilerinde yayımlanan tam makale
Dergi Adı Aktual'ni Problemy Ekonomiky
Dergi Tarandığı Indeksler SciVerse Scopus by Elsevier, EconLit, Index Copernicus, EBSCOhost, Ulrich’s Periodicals Directory, Cabell's Directories, ABI/Inform (by ProQuest)
Makale Dili İngilizce
Basım Tarihi 01-2014
Cilt No 1
Sayfalar 408 / 416
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
SCOPUS 7
Google Scholar 18

Paylaş