Journal of Economics Research and Social Sciences
Vol 7, No 1: February 2023

Transmission of the Global Bank Liquidity Shock: Evidence from the US Foreign Bank Loans to Southeast Asian Economies

Agus Salim (Department of Development Economics, Faculty of Economics and Business, Universitas Ahmad Dahlan, Special Regional of Yogyakarta)
Ignatius Abasimi (School of Economics, Shandong University, Shandong, Jinan)
Dini Yuniarti (Department of Development Economics, Faculty of Economics and Business, Universitas Ahmad Dahlan, Special Regional of Yogyakarta)
Mahrus Lutfi Adi Kurniawan (Department of Development Economics, Faculty of Economics and Business, Universitas Ahmad Dahlan, Special Regional of Yogyakarta)
Suripto Suripto (Department of Development Economics, Faculty of Economics and Business, Universitas Ahmad Dahlan, Special Regional of Yogyakarta)
Naveed Aslam (Department of Agronomy, Faculty of Agriculture, University of Poonch Rawalakot, Azad Kashmir)
Sunil Kumar Chaudhary (Nepal Institute for International Cooperation and Engagement)

Article Info

Publish Date
23 Feb 2023

Abstract

The empirical debate of foreign bank loans as an international intermediation transfer from industrialized to developing market economies, which concentrated on expenses and advantages, has continued. Our manuscript analyzes the determinants of US bank loans in selected Southeast Asian emerging markets. The most critical variables, based on the statistical approach built around the system-GMM, have a considerable effect on the growth rates of the origin and destination countries. Remarkably, the exchange rate significantly becomes a risk indicator which decrease the US bank flow. Finally, shock in the US economy has been transmitted to the Southeast Asian economies through foreign bank flow.

Copyrights © 2023




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
Journal of Economics Research and Social Sciences
Website

Abbrev

jerss

Publisher

Universitas Muhammadiyah Yogyakarta

Subject

Economics, Econometrics & Finance

Description

JERSS merupakan jurnal ilmiah yang dikelola Program Studi Ekonomi Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Yogyakarta. Jurnal ini berisikan penelitian-penelitian yang dilakukan oleh mahasiwa-mahasiswa dan berkolaborasi dengan para dosen dalam bidang studi ilmu ekonomi pembangunan. ...