Economic freedom, development and bank intermediation spreads

The impact of economic freedom on the well being of the economy has been widely documented in the literature. Noticeably absent is empirical evidence on the influence of economic freedom on cost of financial intermediation. This limitation is somewhat surprising given the fact that the banking secto...

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Main Authors: Sufian, Fadzlan, Hassan, M. Kabir
Format: Article
Language:English
Published: Southwestern Economic Society 2012
Subjects:
Online Access:http://irep.iium.edu.my/27048/
http://irep.iium.edu.my/27048/
http://irep.iium.edu.my/27048/1/249.pdf
id iium-27048
recordtype eprints
spelling iium-270482012-11-23T03:58:01Z http://irep.iium.edu.my/27048/ Economic freedom, development and bank intermediation spreads Sufian, Fadzlan Hassan, M. Kabir HG Finance HG1501 Banking The impact of economic freedom on the well being of the economy has been widely documented in the literature. Noticeably absent is empirical evidence on the influence of economic freedom on cost of financial intermediation. This limitation is somewhat surprising given the fact that the banking sector remains the most important channel for savings and allocations of credit. By using data on the ASEAN-5 banking sectors, the paper attempts to fill in this demanding gap. The results indicate that restrictions on the activities of which banks could undertake reduces their margins. We also find evidence supporting for government interventions contention. However, the impacts of the different dimensions of economic freedom are not uniform across countries with different levels of income. Southwestern Economic Society 2012 Article PeerReviewed application/pdf en http://irep.iium.edu.my/27048/1/249.pdf Sufian, Fadzlan and Hassan, M. Kabir (2012) Economic freedom, development and bank intermediation spreads. Southwestern Economic Review, 39 (1). pp. 1-35. http://www.cis.wtamu.edu/home/index.php/swer/article/view/273
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG1501 Banking
spellingShingle HG Finance
HG1501 Banking
Sufian, Fadzlan
Hassan, M. Kabir
Economic freedom, development and bank intermediation spreads
description The impact of economic freedom on the well being of the economy has been widely documented in the literature. Noticeably absent is empirical evidence on the influence of economic freedom on cost of financial intermediation. This limitation is somewhat surprising given the fact that the banking sector remains the most important channel for savings and allocations of credit. By using data on the ASEAN-5 banking sectors, the paper attempts to fill in this demanding gap. The results indicate that restrictions on the activities of which banks could undertake reduces their margins. We also find evidence supporting for government interventions contention. However, the impacts of the different dimensions of economic freedom are not uniform across countries with different levels of income.
format Article
author Sufian, Fadzlan
Hassan, M. Kabir
author_facet Sufian, Fadzlan
Hassan, M. Kabir
author_sort Sufian, Fadzlan
title Economic freedom, development and bank intermediation spreads
title_short Economic freedom, development and bank intermediation spreads
title_full Economic freedom, development and bank intermediation spreads
title_fullStr Economic freedom, development and bank intermediation spreads
title_full_unstemmed Economic freedom, development and bank intermediation spreads
title_sort economic freedom, development and bank intermediation spreads
publisher Southwestern Economic Society
publishDate 2012
url http://irep.iium.edu.my/27048/
http://irep.iium.edu.my/27048/
http://irep.iium.edu.my/27048/1/249.pdf
first_indexed 2023-09-18T20:40:13Z
last_indexed 2023-09-18T20:40:13Z
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