Can we detect threshold effects in the bank credit-economic growth relationship in the ASEAN?

NEW PUBLICATION: The answer is yes. When the credit-to-GDP ratio is above 96.5%, the effect of a further development of bank credit on the economic growth is not significantly different from zero. We use bootstrapped threshold tests to circumvent the difficulties linked to the study of a small sample.

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Sy-Hoa Ho, Jamel Saadaoui, Bank credit and economic growth: A dynamic threshold panel model for ASEAN countries, International Economics, Volume 170, 2022, Pages 115-128, ISSN 2110-7017,