A Lecturer from Collage of Administration and Economics /Karbala University
(Dr. MAHDI MOHAMMED TALI, T. I. Solodkaya and M. A. Industriev) Have Published A Scientific Study About Mathematical modeling of the impact of bank loans on economic growth
In
Journal of the Institute of Risk in Economic Studies / Saratov State National Research University / Russian Federation / Saratov, 2018.

Abstract
     A comprehensive empirical study of the impact of bank credit on economic growth was car- ried out. The presence of a cointegration correlation between non-stationary time series of financial indicators and GDP is established, the parameters of the vector model of error correction are esti- mated and the reaction to the shocks of variables is analyzed. The existence of the effect of banking credit on the amount of GDP has been quantified, but to a lesser extent than the impact of invest- ment in fixed assets.

Econometric cross-country studies on average indicators over the past decade have con- firmed the ambiguous impact of banking credit on economic growth in countries with different le- vels of socio-economic and financial development.