Influence of State Banks on Economic Growth: A Cross-Country Analysis

Onyshchenko, V.; Chen, B.X.

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Title	Influence of State Banks on Economic Growth: A Cross-Country Analysis
Authors	Onyshchenko, V. Chen, B.X.
ORCID
Keywords	state bank державний банк государственный банк economic growth економічне зростання экономический рост economic and mathematical models економічні та математичні моделі экономические и математические модели
Type	Article
Date of Issue	2017
URI	http://essuir.sumdu.edu.ua/handle/123456789/61799
Publisher	Sumy State University
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Citation	Onyshchenko, V., Chen B.X. (2017). Influence of State Banks on Economic Growth: A Cross-Country Analysis. Financial Markets, Institutions and Risks, 1(3), 44-54. DOI: 10.21272/fmir.1(3).44-54.2017
Abstract	The authors systematize the economic-mathematical models, as well as the results of empirical studies of authoritative international analytical agencies and financial institutions, in which the influence of state capital in the banking system on the development of national economies was formalized on different countries in different periods. The analysis showed that such studies often give some completely opposite results. The reason for these authors is that the sample of countries in these models is formed mainly taking into account differences in the scale of state participation and levels of economic development of countries. This approach is erroneous because it does not take into account the specifics of the construction of the financial sector in these countries and the functions performed by the state banks.
Appears in Collections:	Financial Markets, Institutions and Risks (FMIR)