Effect of Financial Inclusion on Economic Growth in Syria

Authors

  • Hanan Daher
  • Duaa Khalil

Abstract

The aim of this research is to test the impact of financial inclusion on economic growth in Syria during the period from 2003 to 2017, using annual data. We measured the financial inclusion by the growth of number of  branches of commercial banks and insurance companies, as indicators of individual's access to the financial services. and growth of volume of  loans and deposits with commercial banks as indicators of  individual's using of the financial services; and the economic growth was measured by real GDP growth.

To achieve the objective of this study, we first tested the stability of  time series of  the selected variables, and then we tested the long-term relationship between explanatory variables and the dependent variable using ARDL.

The results showed that both of  the volume of  loans and deposits with commercial banks positively affect on the economic growth, and the number of insurance companies has a positive but non-significant effect on economic growth, and the number of  branches of commercial banks has a negative but also non-significant effect on economic growth in Syria during the study period.

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Published

2020-08-04

How to Cite

1.
ضاهر ح, خليل د. Effect of Financial Inclusion on Economic Growth in Syria. Tuj-econ [Internet]. 2020Aug.4 [cited 2025Jan.28];42(3). Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/9737

Issue

Vol. 42 No. 3 (2020): Tishreen University Journal for Research and Scientific Studies -Economic and Legal Sciences Series

Section

Articles

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