Financial Stability and Innovation: The Role of Non-Performing Loans DOI Open Access

Massimo Arnone,

Alberto Costantiello, Angelo Leogrande

et al.

Published: Aug. 6, 2024

The following article analyses the relationship between Non-Performing Loans and innovation systems at a global level. analysed data were obtained from World Bank Global Innovation Index for period 2013-2022 149 countries. analysis was conducted using clustering with k-Means algorithm, optimized Silhouette coefficient Elbow method. Subsequently, econometric carried out panel Random Ef-fects Fixed Effects. results show that optimal number of clusters is three. highlights positive Loans, exports cultural creative services, Input Sub-Index. also negative H-Index, imports ICT services.

Language: Английский

Financial Stability and Innovation: The Role of Non-Performing Loans DOI Open Access

Massimo Arnone,

Alberto Costantiello, Angelo Leogrande

et al.

Published: Aug. 6, 2024

The following article analyses the relationship between Non-Performing Loans and innovation systems at a global level. analysed data were obtained from World Bank Global Innovation Index for period 2013-2022 149 countries. analysis was conducted using clustering with k-Means algorithm, optimized Silhouette coefficient Elbow method. Subsequently, econometric carried out panel Random Ef-fects Fixed Effects. results show that optimal number of clusters is three. highlights positive Loans, exports cultural creative services, Input Sub-Index. also negative H-Index, imports ICT services.

Language: Английский

Citations

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