October 1, 2015 Thesis Open Access

EMBIALE BITEW

DCAT Export

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    <dct:title>BANK CREDIT FINANCING AND MANUFACTURING SECTOR PERFORMANCE THE CASE OF COMMERCIAL BANK OF ETHIOPIA</dct:title>
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    <dct:description>&lt;p&gt;The idea of banks financing the private sector as an engine of economic growth has a long&lt;br&gt; history. The long-held belief of positive relationship between credit financing and manufacture&lt;br&gt; sector growth has prompted to be a principal component of policy advice in many developing&lt;br&gt; countries. However, it is still an issue of high debate between developed and developing nations&lt;br&gt; governments and policy makers. Nowadays, many empirical studies confirm the existence of&lt;br&gt; strong and positive link between credit financing and economic growth in general and&lt;br&gt; manufacturing sector in particular while few found significant negative relationship. Thus, the&lt;br&gt; long-run and short-run impact of credit financing on manufacturing sector performance is&lt;br&gt; analyzed using Johansson method of co-integration approach and Vector Autoregressive&lt;br&gt; Model (VARM) based on annual data for the period 1974/75-2013/14&lt;/p&gt;</dct:description>
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