The influence of economic growth on the financial sector by example of Portugal

The influence of economic growth on the financial sector by example of Portugal

Автор: Ivkin Alexey

Журнал: Экономика и социум @ekonomika-socium

Статья в выпуске: 2 (33), 2017 года.

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The paper assesses the influence of certain macroeconomic factors on financial sector development in Portugal. Data Envelopment Analysis (DEA) is applied to determine the extent to which these factors affect the financial sector, and to suggest which indicators play a more critical role. The subject of this paper is to identify the key determinants of foreign exchange reserves in Portugal using annual data for 20 years’ period (from 1995 - 2015). The results confirm that the relationship between economic variables and financial ones (foreign exchange reserves) exist. The empirical part is dedicated to 2-Stage OLS regression model.

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Foreign exchange reserves, portugal, 2-stage ols, financial variables, economic variables, import, gdp, external debt, interest rates

Короткий адрес: https://sciup.org/140122474

IDR: 140122474

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