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Patterns of Bank Credit Allocation and Economic Growth. The Case of Denmark, 1736-2012

Abou-Zeinab, Ali LU (2013) In Lund Papers in Economic History. General Issues
Abstract
At present, relatively little is known about the relationship between bank credit allocation and economic growth. It seems clear that the structural characteristics of the banking system are significant factors influencing long-run allocation of credit across real sectors of the economy as well as across financial institutions. The purpose of this study is to examine the relationship between changes in credit allocation across sectors and economic growth in a long-term perspective. In addition, this study addresses changes appeared in the loanable funds among the different types of financial institutions for a number of long-run periods. During these periods, there were a number of waves of credit allocation as a result of economic... (More)
At present, relatively little is known about the relationship between bank credit allocation and economic growth. It seems clear that the structural characteristics of the banking system are significant factors influencing long-run allocation of credit across real sectors of the economy as well as across financial institutions. The purpose of this study is to examine the relationship between changes in credit allocation across sectors and economic growth in a long-term perspective. In addition, this study addresses changes appeared in the loanable funds among the different types of financial institutions for a number of long-run periods. During these periods, there were a number of waves of credit allocation as a result of economic transformation and high priorities were given by the major banks. During the periods under research, in reallocating their available funds, banks all affected almost by financial, monetary, and economic conditions in the country. Banking history in Denmark suggests that this study can contribute to fruitful field of inquiry for understanding bank credit allocation in relation to economic changes. Particular emphasis will be given in this paper to the contribution of savings banks, commercial banks, and mortgage institutions to the various sectors of the economy. (Less)
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author
organization
publishing date
type
Working Paper
publication status
published
subject
keywords
bank credit allocation, credit and economic growth, banking and economic growth, banking history in Denmark
in
Lund Papers in Economic History. General Issues
issue
131
pages
35 pages
publisher
Department of Economic History, Lund University
language
English
LU publication?
yes
id
c7a72089-afc9-49e9-9360-c4d6e741fd29 (old id 7868967)
date added to LUP
2015-09-17 12:39:09
date last changed
2016-04-16 09:56:20
@misc{c7a72089-afc9-49e9-9360-c4d6e741fd29,
  abstract     = {At present, relatively little is known about the relationship between bank credit allocation and economic growth. It seems clear that the structural characteristics of the banking system are significant factors influencing long-run allocation of credit across real sectors of the economy as well as across financial institutions. The purpose of this study is to examine the relationship between changes in credit allocation across sectors and economic growth in a long-term perspective. In addition, this study addresses changes appeared in the loanable funds among the different types of financial institutions for a number of long-run periods. During these periods, there were a number of waves of credit allocation as a result of economic transformation and high priorities were given by the major banks. During the periods under research, in reallocating their available funds, banks all affected almost by financial, monetary, and economic conditions in the country. Banking history in Denmark suggests that this study can contribute to fruitful field of inquiry for understanding bank credit allocation in relation to economic changes. Particular emphasis will be given in this paper to the contribution of savings banks, commercial banks, and mortgage institutions to the various sectors of the economy.},
  author       = {Abou-Zeinab, Ali},
  keyword      = {bank credit allocation,credit and economic growth,banking and economic growth,banking history in Denmark},
  language     = {eng},
  note         = {Working Paper},
  number       = {131},
  pages        = {35},
  publisher    = {Department of Economic History, Lund University},
  series       = {Lund Papers in Economic History. General Issues},
  title        = {Patterns of Bank Credit Allocation and Economic Growth. The Case of Denmark, 1736-2012},
  year         = {2013},
}