Abstract
This paper analyzes the changes in the allocation of corporate loans by banks due to capital flows in the form of direct investment and portfolio investment in the corporate sector. The analysis used macroeconomic data, bank concentration rate data, bank leverage level, bank efficiency level, and banking credit allocation data of various countries. The analysis will be linked to the characteristics of the country based on the degree of globalization of its financial system. The analysis used data panel to capture the dynamics and endogeneity in the banking credit. The result of the research shows the negative influence of capital inflows to corporations on the allocation of bank credit and the dynamic consistent impact of bank credit allocation.
| Original language | English |
|---|---|
| Title of host publication | Challenges of the Global Economy |
| Subtitle of host publication | Some Indonesian Issues |
| Publisher | Nova Science Publishers, Inc. |
| Pages | 271-285 |
| Number of pages | 15 |
| ISBN (Electronic) | 9781536165357 |
| ISBN (Print) | 9781536162769 |
| Publication status | Published - 1 Jan 2019 |
Keywords
- Bank concentration
- Bank efficiency
- Bank leverage
- Credit
- Dana panel dynamics
- Generalized methods of moments