October 1, 2015 Thesis Open Access

EMBIALE BITEW

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