العلاقة بين التبعية المالية و المنافسة و معدل النمو الاقتصادي في الأردن

Abstract

This study aims at measuring the degree of competition in Banking sector , measuring the effects of financial and non financial factors that affect on economic growth , and measuring the effect of private credit on such growth in Jordan . To achieve the goals of this study by testing of hypothesis of study , it concludes that : the banking market in Jordan embody the characteristics of monopolistic competition . it finds also that there are positive relationships among economic growth , share of Value added , and share of GDP from Private credit , while it shows that economic growth negatively correlated with financial dependence , competition and banking concentration indicators .The study shows not only negative relationships among (financial dependence, competition), (private credit, financial dependence) with economic growth , but also shows positively correlated among interaction relations (total capitalization, financial dependence), (market capitalization , financial dependence) with economic growth . Finally , the study recommends the necessity of encourage the merging among small banks in Jordan , Provide more financial and investment motives for foreign investment which incoming to banking sector , and re-designing the legislations that related to property rights and standards of financial disclosure .