The Contribution of Financial Institutions to Economic Growth

C 2024

The Contribution of Financial Institutions to Economic Growth

PALEČKOVÁ, Iveta; Lenka PŘEČKOVÁ and Roman HLAWICZKA

Basic information

Original name

The Contribution of Financial Institutions to Economic Growth

Authors

PALEČKOVÁ, Iveta (203 Czech Republic, guarantor, belonging to the institution); Lenka PŘEČKOVÁ (203 Czech Republic, belonging to the institution) and Roman HLAWICZKA (203 Czech Republic, belonging to the institution)

Edition

Leeds, Modeling Economic Growth in Contemporary Czechia, p. 251-263, 13 pp. Entrepreneurship and Global Economic Growth, 2024

Publisher

Emerald Publishing Limited

Other information

Language

English

Type of outcome

Chapter(s) of a specialized book

Field of Study

50206 Finance

Country of publisher

United Kingdom of Great Britain and Northern Ireland

Confidentiality degree

is not subject to a state or trade secret

Publication form

electronic version available online

RIV identification code

RIV/47813059:19520/24:A0000465

Organization unit

School of Business Administration in Karvina

ISBN

978-1-83753-841-6

DOI

https://doi.org/10.1108/978-1-83753-840-920241016

Keywords in English

Banking sector

Abstract

In the original language

This chapter examines the impact of the banking and insurance sectors on economic growth in Czechia, a country with distinctive financial dynamics. By using the Granger causality test, the study evaluates how sectoral development, efficiency, and stability of these institutions influence economic growth. The research addresses long-standing discrepancies in empirical findings and reveals that in Czechia, the advancement and operational efficiency of the banking and insurance sectors significantly contribute to economic prosperity. This study offers a comprehensive understanding of these sectors' crucial role in shaping the nation's economic landscape.

Cite

PALEČKOVÁ, Iveta; Lenka PŘEČKOVÁ and Roman HLAWICZKA. The Contribution of Financial Institutions to Economic Growth. Online. In Daniel Stavárek, Michal Tvrdoň. Modeling Economic Growth in Contemporary Czechia. Leeds: Emerald Publishing Limited, 2024, p. 251-263. Entrepreneurship and Global Economic Growth. ISBN 978-1-83753-841-6. Available from: https://doi.org/10.1108/978-1-83753-840-920241016.

@inbook{79806,
   author = {Palečková, Iveta and Přečková, Lenka and Hlawiczka, Roman},
   address = {Leeds},
   booktitle = {Modeling Economic Growth in Contemporary Czechia},
   doi = {https://doi.org/10.1108/978-1-83753-840-920241016},
   editor = {Daniel Stavárek, Michal Tvrdoň},
   keywords = {Banking sector},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Leeds},
   isbn = {978-1-83753-841-6},
   pages = {251-263},
   publisher = {Emerald Publishing Limited},
   title = {The Contribution of Financial Institutions to Economic Growth},
   year = {2024}
}

TY  - CHAP
ID  - 79806
AU  - Palečková, Iveta - Přečková, Lenka - Hlawiczka, Roman
PY  - 2024
TI  - The Contribution of Financial Institutions to Economic Growth
VL  - Entrepreneurship and Global Economic Growth
PB  - Emerald Publishing Limited
CY  - Leeds
SN  - 9781837538416
KW  - Banking sector
N2  - This chapter examines the impact of the banking and insurance sectors on economic growth in Czechia, a country with distinctive financial dynamics. By using the Granger causality test, the study evaluates how sectoral development, efficiency, and stability of these institutions influence economic growth. The research addresses long-standing discrepancies in empirical findings and reveals that in Czechia, the advancement and operational efficiency of the banking and insurance sectors significantly contribute to economic prosperity. This study offers a comprehensive understanding of these sectors' crucial role in shaping the nation's economic landscape.
ER  -

PALEČKOVÁ, Iveta; Lenka PŘEČKOVÁ and Roman HLAWICZKA. The Contribution of Financial Institutions to Economic Growth. Online. In Daniel Stavárek, Michal Tvrdoň. \textit{Modeling Economic Growth in Contemporary Czechia}. Leeds: Emerald Publishing Limited, 2024, p.~251-263. Entrepreneurship and Global Economic Growth. ISBN~978-1-83753-841-6. Available from: https://doi.org/10.1108/978-1-83753-840-920241016.

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