UM
The quality and quantity of bank intermediation and economic growth: evidence from Asia Pacific
Fu, Xiaoqing (Maggie); Lin, Yongjia (Rebecca); Molyneux, Philip
2018
Source PublicationAPPLIED ECONOMICS
ISSN0003-6846
Volume50Issue:41Pages:4427-4446
AbstractWe investigate the impact of the quantity and quality of bank intermediation on economic growth across 14 Asia-Pacific economies over 2003-2015. Measures of bank shareholder value efficiency as well as profit and cost efficiency are used as indicators of intermediation quality. We also employ measures of liquidity creation (fat and nonfat) as a proxy for the quantity of bank intermediation. Our main finding is that the quality of bank intermediation (enhanced credit allocation) is a driver of economic growth in developed Asia-Pacific economies, whereas it is the quantity of bank intermediation (capital accumulation) that positively influences growth in developing nations. From a policy perspective, our findings suggest that policymakers in developed nations should concentrate their efforts on reforms that enhance bank efficiency. Second, reforms that stimulate capital accumulation should be encouraged in developing economies because this is the main channel that spurs economic growth.
KeywordBank efficiency liquidity creation regional growth banks in Asia Pacific
DOI10.1080/00036846.2018.1450486
URLView the original
Indexed BySSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectEconomics
WOS IDWOS:000438097100004
PublisherROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
The Source to ArticleWOS
Fulltext Access
Citation statistics
Document TypeJournal article
CollectionUniversity of Macau
Recommended Citation
GB/T 7714
Fu, Xiaoqing ,Lin, Yongjia ,Molyneux, Philip. The quality and quantity of bank intermediation and economic growth: evidence from Asia Pacific[J]. APPLIED ECONOMICS,2018,50(41):4427-4446.
APA Fu, Xiaoqing ,Lin, Yongjia ,&Molyneux, Philip.(2018).The quality and quantity of bank intermediation and economic growth: evidence from Asia Pacific.APPLIED ECONOMICS,50(41),4427-4446.
MLA Fu, Xiaoqing ,et al."The quality and quantity of bank intermediation and economic growth: evidence from Asia Pacific".APPLIED ECONOMICS 50.41(2018):4427-4446.
Related Services
Recommend this item
Bookmark
Usage statistics
Export to Endnote
Google Scholar
Similar articles in Google Scholar
[Fu, Xiaoqing (Maggie)]'s Articles
[Lin, Yongjia (Rebecca)]'s Articles
[Molyneux, Philip]'s Articles
Baidu academic
Similar articles in Baidu academic
[Fu, Xiaoqing (Maggie)]'s Articles
[Lin, Yongjia (Rebecca)]'s Articles
[Molyneux, Philip]'s Articles
Bing Scholar
Similar articles in Bing Scholar
[Fu, Xiaoqing (Maggie)]'s Articles
[Lin, Yongjia (Rebecca)]'s Articles
[Molyneux, Philip]'s Articles
Terms of Use
No data!
Social Bookmark/Share
All comments (0)
No comment.
 

Items in the repository are protected by copyright, with all rights reserved, unless otherwise indicated.