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    Bank Concentration and Economic Growth Nexus: Evidence from OIC Countries

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    Bank Concentration and Economic ...
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    Author
    Smolo, Edib cc
    Subject
    Bank concentration
    financial development
    economic growth
    OIC countries
    corruption
    income level
    Date
    2020
    
    Metadata
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    Abstract
    This paper examines the relationship between bank concentration and economic growth in Organization of Islamic Cooperation (OIC) countries. This is done using the system GMM estimators on a panel data sample consisting of 41 countries and 650 observations. Our analysis reveals that bank concentration has negative impact on economic growth and this relationship is non-linear. Furthermore, the impact of bank concentration on economic growth is found to be dependent on the country’s income and corruption levels. Therefore, it seems reasonable to conclude that bank concentration has negative impact on the economic growth in OIC countries.
    Department
    Finance
    Journal title
    Applied Finance Letters
    DOI
    https://doi.org/10.24135/afl.v9i2.206
    ae974a485f413a2113503eed53cd6c53
    https://doi.org/10.24135/afl.v9i2.206
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