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Title: Determinants of Credit to the Private Sector in Countries of the Arab League : Is Economic Diversification Under Way?
Authors: Daia, Roula Al 
Saab, Gretta 
Ayoub, Maya
Affiliations: Department of Economics 
Department of Economics 
Keywords: Credit to the private sector
Crashing Risk Modeling
Economic diversification
Subjects: Arab countries
Issue Date: 2011
Part of: Journal of competition forum
Volume: 9
Issue: 1
Start page: 78
End page: 88
This article aims to study the impact of credit to private sector growth in countries of the Arab League and its impact on the degree of economic diversification. The above stated objective is achieved through econometric modeling and testing of a credit demand model taking into consideration credit to the private sector as an explained variable and GDP, lending interest rate, and export concentration index as explanatory variables. Credit to the private sector was found to be positively correlated to economic activity and negatively linked to the level of economic concentration.
Open URL: Link to full text
Type: Journal Article
Appears in Collections:Department of Economics

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