Banking performance and industry growth in an oil-rich economy: Evidence from Qatar

Ali Mirzaei and Tomoe Moore

The Quarterly Review of Economics and Finance, 2016, vol. 60, issue C, 58-69

Abstract: This article investigates whether bank performance measures of competition, efficiency, profitability and stability are contributory to industry growth for oil-rich countries. Qatar is chosen as a case study. The real growth of value added for the 42 non-oil sub-sector industries is regressed on the banking performance, together with the quantity-based indicators by taking account of the degree of external finance-dependence over the economically stable period 2000–2006. The results, which survive robustness and sensitivity tests, reveal that a competitive, efficient and stable banking system is indeed a source of enhancing financially-dependent industries to grow faster. Our empirical results serve to provide a useful insight for policy strategies of oil-exporting countries.

Keywords: Banking performance; Qatar; Industrial growth; External finance dependence (search for similar items in EconPapers)
JEL-codes: G2 L1 L2 O4 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1062976915000605
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:quaeco:v:60:y:2016:i:c:p:58-69

DOI: 10.1016/j.qref.2015.06.001

Access Statistics for this article

The Quarterly Review of Economics and Finance is currently edited by R. J. Arnould and J. E. Finnerty

More articles in The Quarterly Review of Economics and Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().