Template-Type: ReDIF-Article 1.0

Author-Name: Ricardo Bebczuk, 
Author-Workplace-Name: UNLP,BICE 

Author-Name: Agustín Filippo
Author-Workplace-Name: BID

Author-Name:  Máximo Sangiácomo
Author-Workplace-Name: BCRA,UNLP

Title: Bank credit allocation by sector: causes and effects on economic growth in Haiti

Abstract: This study assesses the allocation of bank loans across industries in Haiti over the period 2000-2015 and produces fresh evidence supporting the following claims: (1) Credit shares by industry appear to be sticky over time in spite of changing industry-specific conditions and sharp relative price changes; (2) Consistent with the previous finding, econometric exercises confirm that loan portfolio allocations are not governed by recent sector performance, casting doubts about the efficiency of loan portfolios; (3) As a result of intense financial constraints, credit expansion seems to be a major driver of industry growth. Several policy recommendations emerge from the study.

Classification-JEL: O47, O16
 
Keywords: Economic growth, banking system, Haiti. 
Journal: Económica

Pages: 157-185
Volume: 63
Year: 2017
Month: January-December
File-URL: https://revistas.unlp.edu.ar/Economica/article/view/5073/4247
File-Format: Application/pdf
Handle: RePEc:akh:journl:611