Bank Concentration and Economic Growth Nexus

Bank Concentration and Economic Growth Nexus

This paper examines the relationship between bank concentration and economic growth in Organization of Islamic Cooperation (OIC) countries. This is done using the system GMM estimators on a panel data sample consisting of 41 countries and 650 observations. Our analysis reveals that bank concentrati...

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Main Author: Edib Smolo
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2020-11-01
Series:Applied Finance Letters
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/206
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spelling doaj-ae2434a5b31e4f4282952435104c659a2020-11-25T04:07:01ZengTuwhera Open Access PublisherApplied Finance Letters2253-57992253-58022020-11-01910.24135/afl.v9i2.206Bank Concentration and Economic Growth NexusEdib Smolo0International University of Sarajevo This paper examines the relationship between bank concentration and economic growth in Organization of Islamic Cooperation (OIC) countries. This is done using the system GMM estimators on a panel data sample consisting of 41 countries and 650 observations. Our analysis reveals that bank concentration has negative impact on economic growth and this relationship is non-linear. Furthermore, the impact of bank concentration on economic growth is found to be dependent on the country’s income and corruption levels. Therefore, it seems reasonable to conclude that bank concentration has negative impact on the economic growth in OIC countries. https://ojs.aut.ac.nz/applied-finance-letters/article/view/206
collection DOAJ
language English
format Article
sources DOAJ
author Edib Smolo
spellingShingle Edib Smolo
Bank Concentration and Economic Growth Nexus
Applied Finance Letters
author_facet Edib Smolo
author_sort Edib Smolo
title Bank Concentration and Economic Growth Nexus
title_short Bank Concentration and Economic Growth Nexus
title_full Bank Concentration and Economic Growth Nexus
title_fullStr Bank Concentration and Economic Growth Nexus
title_full_unstemmed Bank Concentration and Economic Growth Nexus
title_sort bank concentration and economic growth nexus
publisher Tuwhera Open Access Publisher
series Applied Finance Letters
issn 2253-5799
2253-5802
publishDate 2020-11-01
description This paper examines the relationship between bank concentration and economic growth in Organization of Islamic Cooperation (OIC) countries. This is done using the system GMM estimators on a panel data sample consisting of 41 countries and 650 observations. Our analysis reveals that bank concentration has negative impact on economic growth and this relationship is non-linear. Furthermore, the impact of bank concentration on economic growth is found to be dependent on the country’s income and corruption levels. Therefore, it seems reasonable to conclude that bank concentration has negative impact on the economic growth in OIC countries.
url https://ojs.aut.ac.nz/applied-finance-letters/article/view/206
work_keys_str_mv AT edibsmolo bankconcentrationandeconomicgrowthnexus
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