Evaluación del efecto de la cartera vencida en el crecimiento económico en las Bahamas

Jordan, Alwyn; Tucker, Carisma
July 2013
Monetaria;jul-dic2013, Vol. 35 Issue 2, p403
Academic Journal
This paper examines the extent to which economic output and other variables affect non-performing loans in The Bahamas utilizing a vector error correction (VEC) model, it also seeks to determine if there is a feedback response from nonperforming loans to economic growth. Data utilized in the study spanned the period September 2002 to March 2012. The main findings reveal that growth in economic activity tends to lead to a reduction in non-performing loans, and there is additionally a small but significant feedback effect from nonperforming loans to output.


Related Articles

  • The Dynamics of Relationship between exports and economic growth in India. Mishra, P. K. // International Journal of Economic Sciences & Applied Research;Aug2011, Vol. 4 Issue 2, p53 

    In this era of open economy, nations are concerned with increasing the quality of life of their citizens. And, the quality of life mainly comes from the macro-economic prosperity. Thus, fast growth of gross domestic Product has become the most important objective of any economy. There are...

  • Economic Growth, Financial Depth and Lending Rate Nexus: A Case of Oil Dependant Economy. Nasir, Najeeb Muhammad; Ali, Nasir; Khokhar, Imran // International Journal of Financial Research;Apr2014, Vol. 5 Issue 2, p59 

    This research empirically investigates the long and short run causal relationships between economic growth, financial depth and lending rate in the unique economic setup of Saudi Arabia where 92% of total GDP comes from oil exports. Study uses two proxies for financial depth namely liquid...

  • Does An Emerging Equity Market Stimulate Long-Term Economic Growth? Evidence from Jordan. Elian, Mohammad I.; Suliman, Adil H. // International Journal of Business;2104, Vol. 19 Issue 3, p291 

    After considering the time series characteristics of our dataset, this paper examines the causal relationship between financial development and economic growth in Jordan during 1980-2009. Financial development is proxied by both equity market capitalization and bank credit supplied to the...

  • The Dynamic Synergies between Agriculture Output and Economic Growth in Malaysia. Matahir, Hylmee; Tuyon, Jasman // International Journal of Economics & Finance;Apr2013, Vol. 5 Issue 4, p61 

    This paper investigates the dynamic synergies between agriculture sector and economic growth in Malaysia throughout historical economic policy adjustments spanning from 1970 to 2010. From the analysis, the contribution of agriculture sector output to the Malaysian economy has been decreasing...

  • Foreign Direct Investment, Trade and Economic Growth in Taiwan. Hsia Sung-Ming // Modern Economy;Jan2014, Vol. 5 Issue 1, p21 

    Taiwan is the capital-open region. To understand the FDI, trade and economic growth should be one of the worthy studies on the question. This paper uses the data from 1978 to 2009 in Taiwan, and uses the VECM model to analyze the impact of foreign direct investment on economic growth in Taiwan....

  • FINANCIAL DEVELOPMENT, SAVINGS AND ECONOMIC GROWTH IN LESOTHO:EVIDENCE FROM TRIVARIATE CAUSALITY TEST. Ijeoma, Ogbonnaya; Paramaiah, Ch.; Moshoeshoe, Ramaele E. // International Journal of Economics & Business Studies;Autumn2011, Vol. 1 Issue 2, p41 

    The debate on the direction of causality between financial development and economic growth has been on-going since 19th century. The case of Lesotho has not been an exception. The paper attempts to re-examine the relationship between financial development and economic growth in Lesotho in a...

  • ASYMMETRY OF INFORMATION AND THE FINANCE-GROWTH NEXUS IN EMERGING MARKETS: EMPIRICAL EVIDENCE USING PANEL VECM ANALYSIS. Colombage, Sisira R.N.; Halabi, Abdel K. // Journal of Developing Areas;Spring2012, Vol. 46 Issue 1, p133 

    This paper tests both the short and long term relationship between the real GDP, the equity amounts outstanding, the corporate bond amounts outstanding and bank credit to the private sector for five emerging markets. In particular, the finance-growth nexus is analysed with data collected from...

  • Pure technology gaps and production predictability. Bednarek, Ziemowit // Quarterly Review of Economics & Finance;Feb2016, Vol. 59, p39 

    An average machine lags in terms of productivity and technological advancement behind a cutting-edge machine. This lag was first defined by Cummins and Violante (2002) as the technology gap. Using the vector error correction model, I show that the technology gap is cointegrated with human...


    The electoral victory of the Frente Amplio (FA) in Uruguay in October, 2004, apparently represented a break with the economic policies that had been implemented till then. Those policies were indeed the same that lead the country to its deepest economic crisis between 1999 and 2002. In this...

  • FÄ°YAT DÃœZEYÄ° MALÄ° TEORÄ°SÄ°NÄ°N TÃœRKÄ°YE AÇISINDAN GEÇERLÄ°LİĞİ: AMPÄ°RÄ°K BÄ°R ANALÄ°Z. OKTAYER, Asuman // Journal of the Faculty of Economics / Iktisat Fakültesi Mecmuas;2013, Vol. 63 Issue 1, p51 

    In this paper validity of the Fiscal Theory of Price Level in Turkey is investigated by using quarterly data and by applying Johansen cointegration test, vektor error correction model and impulse-response functions. The empirical analysis is applied over the period of 1988.4-2013.1 and the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics