نوع مقاله : مقاله پژوهشی
نویسندگان
1 دانشجوی دکتری، گروه اقتصاد، دانشکده اقتصاد و علوم اداری، دانشگاه مازندران، بابلسر، مازندران، ایران
2 استاد، گروه اقتصاد، دانشکده اقتصاد و علوم اداری، دانشگاه مازندران، بابلسر، مازندران، ایران
3 دانشیار، گروه اقتصاد، دانشکده اقتصاد و علوم اداری، دانشگاه مازندران، بابلسر، مازندران، ایران
چکیده
کلیدواژه‌ها
عنوان مقاله [English]
نویسندگان [English]
Shadow banking, as a part of the financial system operating outside the direct supervision of central banks and regulatory institutions, plays a significant role in financing and resource allocation. Given the expansion of shadow banking assets and its impact on macroeconomic variables especially economic growth—this study examines the effect of shadow banking on economic growth in two groups of selected countries (including developed and developing countries) over the period 2002 to 2023. To model the relationships among variables, the dynamic panel method is employed, and the model is estimated using the Generalized Method of Moments (GMM) technique. The estimation results for both groups of countries indicate that the expansion of shadow banking assets leads to an increase in economic growth, and this effect is further amplified through the channel of domestic credit to the private sector.
کلیدواژه‌ها [English]
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