@misc{Kondrat_Iryna_Evaluating_2018,
 author={Kondrat, Iryna and Kots, Olha},
 identifier={DOI: 10.15611/fins.2018.1.04},
 year={2018},
 rights={Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy},
 publisher={Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu},
 description={Financial Sciences. Nauki o Finansach, 2018, vol. 23, no. 1, s. 49-64},
 language={eng},
 abstract={In this paper systemic problems of Ukrainian banking sector are reviewed and the solutions are offered. The main objective of the study is to examine the relationship between a financial deepening and economic growth in Ukraine by estimating several multiple regression models over the 1993 to 2015 period. A real GDP growth per capita was used as an indicator for the economic growth. The domestic credit to private sector (% of GDP) was used as an index of financial depth. The study concludes that financial deepening causes a slight impact on the economic growth of Ukraine. A low level of impact is an indicator of a limitedness of lending to the real economy. This means that banking sector has not become the real driving force of the economic growth in Ukraine yet. The study suggests a statement that policy makers should design the policies which will encourage lending especially high tech production, small and mid-size business, micro financing to the real economy to promote economic growth and increase employment},
 title={Evaluating the nexus between financial deepening and economic growth: evidence from Ukraine},
 type={artykuł},
 keywords={financial deepening, economic growth, banking sector, multiple regression analysis, pogłębianie się rynku finansowego, wzrost gospodarczy, sektor bankowy, analiza regresji wielokrotnej},
}