The Effect of Banking Credit Clients Validation on Economic Growth in Iran (Case study of Bank Saderat Iran)

Document Type : Original Article

Authors
alireza torabian 1
mohammadreza nahidi amirkhiz 2
siyavosh jani 3
roghayeh hasanzadeh 4
1 PhD student in Economics, Miyaneh Branch, Islamic Azad University, Miyaneh, Iran.
2 Department of Financial Science, Tabriz Branch, Islamic Azad University, Tabriz, Iran.
3 Associate Professor, Department of Economics, Payame Noor University, Tehran ،Iran.
4 Assistant Professor, Department of Management, Miyaneh Branch, Islamic Azad University, Miyaneh, Iran
Abstract
The link between financial development and economic growth has always been one of the important goals of governments in developing countries. Accordingly, those banks have been able to influence economic growth by providing the resources needed for real investment in the role of financial intermediaries. One way to look at this performance is to validate the bank's customers' economic growth. The econometric model used in this paper is a system of simultaneous equations, which are four separate models with the variables of validation, inflation rate and unemployment rate, which examine their impact on economic growth. The statistical population of this article is the information received from the branches of Iranian Export-Import Banks, and the data were analyzed using Eviews software. In the first step, various tests such as generalized Dicky Fuller, Phillips Perron were used to check and report the reliability or unreliability of the variables, and to estimate the proposed model, the method of minimum weight squares and the two-step minimum squares method were used. . The results show that the variables of validation and inflation rate have an effect on economic growth and the variable of unemployment rate does not affect economic growth except the first model.
Keywords
Credit
Credit Rating
Economic Growth
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