The Contribution of Financial Institutions to Economic Growth

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F24%3AA0000465" target="_blank" >RIV/47813059:19520/24:A0000465 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1108/978-1-83753-840-920241016" target="_blank" >http://dx.doi.org/10.1108/978-1-83753-840-920241016</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1108/978-1-83753-840-920241016" target="_blank" >10.1108/978-1-83753-840-920241016</a>

Result language
angličtina
Original language name
The Contribution of Financial Institutions to Economic Growth
Original language description
This chapter examines the impact of the banking and insurance sectors on economic growth in Czechia, a country with distinctive financial dynamics. By using the Granger causality test, the study evaluates how sectoral development, efficiency, and stability of these institutions influence economic growth. The research addresses long-standing discrepancies in empirical findings and reveals that in Czechia, the advancement and operational efficiency of the banking and insurance sectors significantly contribute to economic prosperity. This study offers a comprehensive understanding of these sectors' crucial role in shaping the nation's economic landscape.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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