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The Impact of Inflation on the Financing of Private Sector Activities through Banks: A Case Study of Developing Countries
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VAHID Kafili *   , Reza Mohammadpour , Roghayyeh Roghayyeh Zeynalipour |
| Arak University |
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Abstract: (1476 Views) |
| This paper investigates the effect of inflation on financing of private sector activities by the banking system among developing countries (2002 to 2019). 79 countries have been selected as a sample and are divided into four groups according to the Human Development Index. The results of estimating the panel regression equations show that inflation has a significant negative effect on financing of private sector activities by the banking system, and this effect is stronger for countries with middle development. The impact of education, governance, information and communication technology and economic openness have also been positive and significant. |
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| Keywords: Financing, Banking channels, Developing countries, Panel data regression |
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Full-Text [PDF 840 kb]
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Type of Study: Research |
Subject:
Special
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