Does the commercial bank's loans affect economic growth? Empirical evidence for the real sector economy in Kosovo (2005-2018)

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Morina F., ÖZEN E.

International Journal of Sustainable Development and Planning, cilt.15, sa.8, ss.1205-1220, 2020 (Scopus) identifier

  • Yayın Türü: Makale / Derleme
  • Cilt numarası: 15 Sayı: 8
  • Basım Tarihi: 2020
  • Doi Numarası: 10.18280/ijsdp.150807
  • Dergi Adı: International Journal of Sustainable Development and Planning
  • Derginin Tarandığı İndeksler: Scopus, PASCAL, CAB Abstracts, Compendex, Geobase, Veterinary Science Database
  • Sayfa Sayıları: ss.1205-1220
  • Anahtar Kelimeler: Economic growth, Inflation, Interest rates, Loans, The real sector
  • Uşak Üniversitesi Adresli: Evet

Özet

The study aims to analyze the impact of credit policies of commercial banks on financing and development of the real sector of Kosovo's economy. In this context, some statistical and econometric models and techniques have been applied in order to test the impact of commercial banks through the lending process in the development of the real sector of Kosovo's economy for the period 2005-2018, using time series on a monthly basis. The empirical results of this study prove that commercial banks through the lending process have had a positive substantive impact on the development of the real sector in the economy of Kosovo. Economic development cannot happen without the development of the private sector and banks are the ones who can help and are helping in this regard. This study will provide a theoretical and practical analysis of contemporary forms of real sector lending, as well as, the importance of credit policy reform in financing and developing this sector and provide empirical evidence of how much bank loans have affected in the development of the real sector of Kosovo's economy.