Money Supply, Banking and Economic Growth

The primary objective of the research is to understand the interactions between money supply, banking and economic growth for effective policy interventions and business decisions. Based on annual data for the time period (2004-2021), descriptive analysis, correlations, causality tests and panel dat...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ahmad, Moid (author)
مؤلفون آخرون: Alharbi, Ahmad (author), Sbeiti, Wafaa (author)
منشور في: 2024
الوصول للمادة أونلاين:http://hdl.handle.net/11675/11647
http://www.scopus.com/inward/record.url?scp=85190141832&partnerID=8YFLogxK
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author Ahmad, Moid
author2 Alharbi, Ahmad
Sbeiti, Wafaa
author2_role author
author
author_facet Ahmad, Moid
Alharbi, Ahmad
Sbeiti, Wafaa
author_role author
dc.creator.none.fl_str_mv Ahmad, Moid
Alharbi, Ahmad
Sbeiti, Wafaa
dc.date.none.fl_str_mv 2024-09-09T08:22:21Z
2024-09-09T08:22:21Z
2024-03-18
dc.identifier.none.fl_str_mv 10.32479/ijefi.15749
http://hdl.handle.net/11675/11647
http://www.scopus.com/inward/record.url?scp=85190141832&partnerID=8YFLogxK
dc.relation.none.fl_str_mv Department of Finance- CBE
International Journal of Economics and Financial Issues
dc.title.none.fl_str_mv Money Supply, Banking and Economic Growth
dc.type.none.fl_str_mv Journal Article
Peer-reviewed
info:eu-repo/semantics/publishedVersion
description The primary objective of the research is to understand the interactions between money supply, banking and economic growth for effective policy interventions and business decisions. Based on annual data for the time period (2004-2021), descriptive analysis, correlations, causality tests and panel data regressions are analyzed for a sample from India, Saudi Arabia and UAE to draw conclusions. The results favored the intermediation theory and were contrary to the credit creation theory of banking. It was observed that the GDP of a country can be efficiently explained by financial soundness, broad money, loans and deposits for a country. Also, that the GDP of a country influences banking loans and deposits but not vice versa. The monetary policy of the sample was questioned by the finding that GDP causes banking loans and banking deposits but not vice versa. This important finding will add to the effectiveness in business decision making.
id AUKR_cba186ab72fe3e034ff19d5c730139b5
identifier_str_mv 10.32479/ijefi.15749
network_acronym_str AUKR
network_name_str AU Kuwait Rep
oai_identifier_str oai:dspace.auk.edu.kw:11675/11647
publishDate 2024
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Money Supply, Banking and Economic GrowthAhmad, MoidAlharbi, AhmadSbeiti, WafaaThe primary objective of the research is to understand the interactions between money supply, banking and economic growth for effective policy interventions and business decisions. Based on annual data for the time period (2004-2021), descriptive analysis, correlations, causality tests and panel data regressions are analyzed for a sample from India, Saudi Arabia and UAE to draw conclusions. The results favored the intermediation theory and were contrary to the credit creation theory of banking. It was observed that the GDP of a country can be efficiently explained by financial soundness, broad money, loans and deposits for a country. Also, that the GDP of a country influences banking loans and deposits but not vice versa. The monetary policy of the sample was questioned by the finding that GDP causes banking loans and banking deposits but not vice versa. This important finding will add to the effectiveness in business decision making.2024-09-09T08:22:21Z2024-09-09T08:22:21Z2024-03-18Journal ArticlePeer-reviewedinfo:eu-repo/semantics/publishedVersion10.32479/ijefi.15749http://hdl.handle.net/11675/11647http://www.scopus.com/inward/record.url?scp=85190141832&partnerID=8YFLogxKDepartment of Finance- CBEInternational Journal of Economics and Financial Issuesoai:dspace.auk.edu.kw:11675/116472025-06-18T09:08:08Z
spellingShingle Money Supply, Banking and Economic Growth
Ahmad, Moid
status_str publishedVersion
title Money Supply, Banking and Economic Growth
title_full Money Supply, Banking and Economic Growth
title_fullStr Money Supply, Banking and Economic Growth
title_full_unstemmed Money Supply, Banking and Economic Growth
title_short Money Supply, Banking and Economic Growth
title_sort Money Supply, Banking and Economic Growth
url http://hdl.handle.net/11675/11647
http://www.scopus.com/inward/record.url?scp=85190141832&partnerID=8YFLogxK