The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries

This study implies finding the linkages among financial inclusion, non-performing loans (NPLs), and economic growth. The study uses large panel data of 21 Organization for Economic Corporation and Development (OECD) countries for the dynamic panel estimation by using the Driscoll-Kraay standard erro...

Descripción completa

Detalles Bibliográficos
Autores principales: Zhang, Peng, Zhang, Mengxue, Zhou, Qiancheng, Zaidi, Syed Anees Haider
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Psychology
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9289547/
https://www.ncbi.nlm.nih.gov/pubmed/35859822
http://dx.doi.org/10.3389/fpsyg.2022.939426
_version_ 1784748690760531968
author Zhang, Peng
Zhang, Mengxue
Zhou, Qiancheng
Zaidi, Syed Anees Haider
author_facet Zhang, Peng
Zhang, Mengxue
Zhou, Qiancheng
Zaidi, Syed Anees Haider
author_sort Zhang, Peng
collection PubMed
description This study implies finding the linkages among financial inclusion, non-performing loans (NPLs), and economic growth. The study uses large panel data of 21 Organization for Economic Corporation and Development (OECD) countries for the dynamic panel estimation by using the Driscoll-Kraay standard errors with fixed effect. The results of the dynamic panel estimation technique revealed the existence of a long-run relationship among financial inclusion, NPLs, and economic growth. Financial inclusion contributes positively to economic growth by reducing NPLs. Furthermore, NPLs negatively impact financial inclusion as well as economic growth. The study presents important policy recommendations to control NPLs and boost the level of financial inclusion in the selected economies.
format Online
Article
Text
id pubmed-9289547
institution National Center for Biotechnology Information
language English
publishDate 2022
publisher Frontiers Media S.A.
record_format MEDLINE/PubMed
spelling pubmed-92895472022-07-19 The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries Zhang, Peng Zhang, Mengxue Zhou, Qiancheng Zaidi, Syed Anees Haider Front Psychol Psychology This study implies finding the linkages among financial inclusion, non-performing loans (NPLs), and economic growth. The study uses large panel data of 21 Organization for Economic Corporation and Development (OECD) countries for the dynamic panel estimation by using the Driscoll-Kraay standard errors with fixed effect. The results of the dynamic panel estimation technique revealed the existence of a long-run relationship among financial inclusion, NPLs, and economic growth. Financial inclusion contributes positively to economic growth by reducing NPLs. Furthermore, NPLs negatively impact financial inclusion as well as economic growth. The study presents important policy recommendations to control NPLs and boost the level of financial inclusion in the selected economies. Frontiers Media S.A. 2022-07-04 /pmc/articles/PMC9289547/ /pubmed/35859822 http://dx.doi.org/10.3389/fpsyg.2022.939426 Text en Copyright © 2022 Zhang, Zhang, Zhou and Zaidi. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Zhang, Peng
Zhang, Mengxue
Zhou, Qiancheng
Zaidi, Syed Anees Haider
The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries
title The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries
title_full The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries
title_fullStr The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries
title_full_unstemmed The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries
title_short The Relationship Among Financial Inclusion, Non-Performing Loans, and Economic Growth: Insights From OECD Countries
title_sort relationship among financial inclusion, non-performing loans, and economic growth: insights from oecd countries
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9289547/
https://www.ncbi.nlm.nih.gov/pubmed/35859822
http://dx.doi.org/10.3389/fpsyg.2022.939426
work_keys_str_mv AT zhangpeng therelationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zhangmengxue therelationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zhouqiancheng therelationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zaidisyedaneeshaider therelationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zhangpeng relationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zhangmengxue relationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zhouqiancheng relationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries
AT zaidisyedaneeshaider relationshipamongfinancialinclusionnonperformingloansandeconomicgrowthinsightsfromoecdcountries

Ejemplares similares