The contribution of the banking system to achieving economic growth – Econometric study (1962-2016)
DOI:
https://doi.org/10.54960/jfcg.v2i1.17Keywords:
Banking system, Indicators of development of the banking system, economic growth, econometric studyAbstract
Several economic studies have shown that the banking system has a positive effect on economic development, through its ability to transfer a large mass of savings resources to the productive investment needs of the private sector. This work has a purpose to study these demonstrations in the case of Algerian banks and its role in development. To arrive at the final result, we used an econometric method that helped us to study the impact of banking variables on economic growth - as an indicator of economic development - in Algeria during the period 1962-2016. We have found qs result of this work, that banking variables have a negative effect on economic growth, especially the credit variable, so for this, the banking role in Algeria is still far from achieving economic development.
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