中东和北非地区的银行业:金融和经济自由的积极作用

IF 3.5 2区 经济学 Q1 ECONOMICS
Abdelaziz Hakimi , Helmi Hamdi , Mohamed Ali Khemiri
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引用次数: 1

摘要

本文的主要目的是通过考虑经济自由度(EF)和财务自由度(FF)的调节作用来检验银行多元化是否有利于银行盈利。本文以2005-2020年期间在中东和北非国家经营的83家传统银行为样本,采用基于系统广义矩量法(SGMM)的实证方法。为了更好地了解NII对银行盈利能力的影响并获得可靠的结果,我们将中东和北非地区分为两个次区域。第一部分包括海湾合作委员会国家,样本为40家银行;第二部分包括非海湾合作委员会国家,样本为43家银行。综合分析的实证结果表明,银行盈利能力对银行多元化更加敏感,更多的EF和FF会带来更多的收益。此外,我们发现银行多元化、EF和FF之间的交互作用对盈利水平产生负向影响。分类分析的结果证实了关于EF和FF的积极影响和互动关系的消极影响的相同发现。然而,银行多元化的影响在两个子样本中有所不同。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Banking in the MENA region: The pro-active role of financial and economic freedom

The main purpose of this paper is to check whether bank profitability benefits from bank diversification by considering the moderating role of the economic freedom (EF) and financial freedom (FF). This paper uses a sample of 83 conventional banks operating in the MENA countries over the period 2005–2020 and, performs an empirical approach based on the System Generalized Method of Moments (SGMM). To get a better understanding and reliable results on the impact of NII on bank profitability, we split the MENA region in two sub-regions. The first block contains the Gulf Cooperation Council (GCC) countries with a sample of 40 banks and, the second covers the non-GCC countries with a sample of 43 banks. Empirical findings of the aggregate analysis reveal that bank profitability is more sensitive to bank diversification and, benefits from more EF and FF. Furthermore, we found that the interaction between bank diversification, EF and FF negatively affects the level of profitability. The results of the disaggregated analysis confirm the same findings concerning the positive effect of EF and FF and the negative effect of the interactional relationship. However, the effect of bank diversification differs across the two sub-samples.

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来源期刊
CiteScore
6.20
自引率
11.40%
发文量
76
期刊介绍: The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.
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