IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Interaction between the Banking System and the Real Economy (Part Two: Descriptive and Economic Analysis)

Listed author(s):
  • Stati Statev
Registered author(s):

    The second part of the study of the interaction between the banking system and the real economy focuses on the results of the empirical analysis of Bulgaria for the period 1991-2006. The analysis is based on the theoretical and methodological approach, presented in Part One, adapted especially for investigating the Bulgarian economy in the above-mentioned period. The article highlights the basic trends and results of the analysis, without extensive proofs. The empirical analysis consists of two sections. The first section studies the behavior of the real economy and the banking sector by means of a descriptive analysis, highlighting the available interrelations and dependences. The second section identifies the short-term and long-term dependences and causalities between development of the banking sector and the dynamics of the real economy by means of econometric modeling, pointing out the key mechanisms for exchange of effects between them and estimating the contribution and the impact of each variable in the future.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Fee access

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.

    Volume (Year): (2009)
    Issue (Month): 6 ()
    Pages: 3-27

    in new window

    Handle: RePEc:bas:econth:y:2009:i:6:p:3-27
    Contact details of provider: Postal:
    3, Aksakov Str., 1040, Sofia

    Phone: (+359 2) 810 40 18
    Fax: (+359 2) 988 21 08
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:bas:econth:y:2009:i:6:p:3-27. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diana Dimitrova)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.