Bank Credit Financing and Manufacturing Sector Performance The Case of Commercial Bank of Ethiopia
| dc.contributor.advisor | Tekle, Yitbarek (PhD) | |
| dc.contributor.author | Bitew, Embiale | |
| dc.date.accessioned | 2018-07-04T13:55:24Z | |
| dc.date.accessioned | 2023-11-19T09:07:55Z | |
| dc.date.available | 2018-07-04T13:55:24Z | |
| dc.date.available | 2023-11-19T09:07:55Z | |
| dc.date.issued | 2015-10 | |
| dc.description.abstract | The idea of banks financing the private sector as an engine of economic growth has a long history. The long-held belief of positive relationship between credit financing and manufacture sector growth has prompted to be a principal component of policy advice in many developing countries. However, it is still an issue of high debate between developed and developing nations governments and policy makers. Nowadays, many empirical studies confirm the existence of strong and positive link between credit financing and economic growth in general and manufacturing sector in particular while few found significant negative relationship. Thus, the long-run and short-run impact of credit financing on manufacturing sector performance is analyzed using Johansson method of co-integration approach and Vector Autoregressive Model (VARM) based on annual data for the period 1974/75-2013/14. The results suggest the existence of significant positive impact and insignificant negative impact of trade credit financing on manufacturing sector growth in the long and short-run respectively. As a result, an evidence for strategic financing of infant domestic manufacturing industries meant to foster economic growth of the nation has been inferred. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/12345678/6478 | |
| dc.language.iso | en | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Business Adminstration | en_US |
| dc.title | Bank Credit Financing and Manufacturing Sector Performance The Case of Commercial Bank of Ethiopia | en_US |
| dc.type | Thesis | en_US |