Does bank efficiency enhance industry growth in developing countries?

Ali Mirzaei and Tomoe Moore

Chapter 11 in Inclusive Financial Development, 2021, pp 224-240 from Edward Elgar Publishing

Abstract: In this paper, bank efficiency is estimated at a bank level as a proxy for quality finance by innovatively taking into account the new structural liquidity indicator of Basel III. Using the estimated Basel III-compliant efficiency, we then analyse its effect on the growth of 28 manufacturing sectors. The robust finding is that such risk-adjusted bank efficiency enhances the growth of financially vulnerable industries during the pre-crisis period. However, during the recent financial crisis, bank efficiency has an overall positive impact on all industries. It implies that potentially costly banking regulations are likely to mitigate the adverse impact of financial crises on the real sector.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781800376373/9781800376373.00016.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

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:elg:eechap:20225_11

Ordering information: This item can be ordered from
http://www.e-elgar.com
sales@e-elgar.co.uk

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla (darrel@e-elgar.co.uk).