Record Details

Disaggregated Credit Extension and Financial Distress in South Africa

Journal of Economics Library

View Archive Info
 
 
Field Value
 
Title Disaggregated Credit Extension and Financial Distress in South Africa
 
Creator RAPUTSOANE, Leroi; Tshwane University of Technology, Pretoria, South Africa. Phone: +27 12 3820869 E-mail: Raputsoanelj@tut.ac.za
 
Subject Disaggregated credit extension; Financial distress indicator
C32; E44; E51; G21.
 
Description Abstract. This study analyses the relationship between disaggregated credit extension and financial distress in South Africa. Of particular interest is to isolate the components of disaggregated credit extension that show a strong relationship with the measure of financial distress. The empirical results reveal that aggregate total domestic credit extension is robustly positively correlated with the composite indicator of financial distress, while there is a mixed relationship between the components of disaggregated credit extension and the composite indicator of financial distress. In particular, the study finds that total domestic credit extension, instalment sale credit, loans and advances to households, investments and total loans and advances are highly correlated with the composite indicator of financial distress. Therefore,the study conjures that these components could be aggregated into a single measure of credit extension that could be usedfor financial stability purposes in South Africa.Keywords. Disaggregated credit extension, Financial distress.JEL. C32, E44, E51, G21.
 
Publisher Journal of Economics Library
 
Contributor —
 
Date 2016-06-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEL/article/view/737
10.1453/jel.v3i2.737
 
Source Journal of Economics Library; Vol 3, No 2 (2016): June; 226-240
2149-2379
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEL/article/view/737/868
 
Rights Copyright (c) 2016 Journal of Economics Library
http://creativecommons.org/licenses/by-nc/4.0