TY  - JOUR
TT  - BANKING SECTOR, STOCK MARKET AND ECONOMIC GROWTH: EVIDENCE FROM MENA COUNTRIES
AU  - Rahimzadeh, Farzad
PY  - 2012
DA  - December
JF  - International Journal of Social Sciences and Humanity Studies
JO  - IJ-SSHS
PB  - Sosyal Bilimler Araştırmaları Derneği
WT  - DergiPark
SN  - 1309-8063
SP  - 181
EP  - 190
VL  - 4
IS  - 2
KW  - banking Sector
KW  - Stock market
KW  - Economic growth
KW  - Panel cointegration
KW  - MENA countries
N2  - Stock market and banking sector has a key role in economic development in each country. Therefore in this paper, using data related to the Middle East and North Africa in the period 1990-2011, the role and importance of stock market and the banking sector on improving production have been studied with panel data. First, stationary of variables has been tested, and then cointegration of model variables has been surveyed with Kao panel data cointegration test. Study results show that the banking sector has positive and significant effect on countries production. One percent increase in domestic credits granted to the private sector, as a symbol of the banking sector development, causes production levels increase between 0.10 0.142 percent. But in this period, the stock market significant effect on the production level is not considered
UR  - https://dergipark.org.tr/tr/pub/ijsshs/issue//276076
L1  - https://dergipark.org.tr/tr/download/article-file/257271
ER  -