Title (Arabic)
The Impact of Financial Development on Bank Investment in Iraq
DOI
10.33095/n7rh5z07
Abstract
Theoretically, the literature indicates that financial development has a positive effect on investment. therefore this study aim to determine the impact of the financial development on investment banking in iraq, during the semi-annual period (2005-2021) using autoregressive distributed lag (ardl), and using the toda yamamoto causal test, the result of the bound test (ardl) showed a long-term cointegration relationship between variables , the model showed that the financial depth positively affect the investment banks against the negative effect of the long-term financial stability index, while toda yamamoto causal test showed that there is no causal relationship between financial development and investment banking.
Abstract (Arabic)
Theoretically, the literature indicates that financial development has a positive effect on investment. therefore this study aim to determine the impact of the financial development on investment banking in iraq, during the semi-annual period (2005-2021) using autoregressive distributed lag (ardl), and using the toda yamamoto causal test, the result of the bound test (ardl) showed a long-term cointegration relationship between variables , the model showed that the financial depth positively affect the investment banks against the negative effect of the long-term financial stability index, while toda yamamoto causal test showed that there is no causal relationship between financial development and investment banking.
Recommended Citation
Yahya, Y. G., & Salman Al-Kubaisi, M. S. (2024). The Impact of Financial Development on Bank Investment in Iraq. Journal of Economics and Administrative Sciences, 30(141), 335-348. https://doi.org/10.33095/n7rh5z07
First Page
335
Last Page
348
Rights
Copyright (c) 2024 Journal of Economics and Administrative Sciences
