The relationship between macroeconomic factors and nonperforming loans (NPLs) in Lao PDR an application of the Vector Error Correction Model /
The role of the banking sector in driving economic development cannot be understated. Its stability is a critical factor that sets the pace for economic progress. Among the various indicators of financial stability, non-performing loans (NPLs) held by banks hold particular significance as they refle...
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| Dokumentumtípus: | Könyv része |
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Szegedi Tudományegyetem Gazdaságtudományi Kar
Szeged
2024
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| Sorozat: | Green and Digital Transitions: Global Insights into Sustainable Solutions
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| Kulcsszavak: | Makrogazdaság |
| Tárgyszavak: | |
| doi: | 10.14232/gtk.gdtgiss.2024.10 |
| Online Access: | http://acta.bibl.u-szeged.hu/84852 |
| LEADER | 02665naa a2200241 i 4500 | ||
|---|---|---|---|
| 001 | acta84852 | ||
| 005 | 20240508104634.0 | ||
| 008 | 240508s2024 hu o 100 eng d | ||
| 020 | |a 978-963-306-972-1 | ||
| 024 | 7 | |a 10.14232/gtk.gdtgiss.2024.10 |2 doi | |
| 040 | |a SZTE Egyetemi Kiadványok Repozitórium |b hun | ||
| 041 | |a eng | ||
| 100 | 1 | |a Khouangvichit Chintana | |
| 245 | 1 | 4 | |a The relationship between macroeconomic factors and nonperforming loans (NPLs) in Lao PDR |h [elektronikus dokumentum] : |b an application of the Vector Error Correction Model / |c Khouangvichit Chintana |
| 260 | |a Szegedi Tudományegyetem Gazdaságtudományi Kar |b Szeged |c 2024 | ||
| 300 | |a 154-173 | ||
| 490 | 0 | |a Green and Digital Transitions: Global Insights into Sustainable Solutions | |
| 520 | 3 | |a The role of the banking sector in driving economic development cannot be understated. Its stability is a critical factor that sets the pace for economic progress. Among the various indicators of financial stability, non-performing loans (NPLs) held by banks hold particular significance as they reflect asset quality, credit risk, and the efficient allocation of resources to productive sectors. NPLs have indeed been a subject of concern for the banking sector, with their prominence intensifying, especially after the 2008 financial crisis. This study investigates the relationship between Macroeconomic factors and non-performing loans in Lao PDR. The secondary data of four variables, namely, Interest Lending rate, CPI-Inflation, Nominal exchange rate, and Money supply from the first quarter of 2012 to the last quarter of 2021 have been collected in order to analyze the long-term relationship among economic factors and estimate the short-term adjustment toward the long-term equilibrium level. The Vector Error Correction Model (VECM) is applied to measure short-term adjustment toward the long-term equilibrium level. Based on the estimation results of the Vector Error Correction Model, two variables have a positive and significant effect on long-term non-performing loans, namely, lending interest rate, and money supply, and a significant inverse relationship with inflation, and exchange rate. Meanwhile, in the short term, only lending interest rates have a significant effect on non-performing loans. | |
| 650 | 4 | |a Társadalomtudományok | |
| 650 | 4 | |a Közgazdasági és gazdálkodástudományok | |
| 695 | |a Makrogazdaság | ||
| 711 | |a Decades of crises: from competitiveness to resilience via the bumpy road of sustainability |c Szeged |d 2023. április 14-15. | ||
| 856 | 4 | 0 | |u http://acta.bibl.u-szeged.hu/84852/1/green_and_digital_transitions_2024_154-173.pdf |z Dokumentum-elérés |