The Evaluation of Banking Network Credit Effects on Economic Growth in Different Sectors of Mazandaran Province, Using Panel Data

One of the major roles of banking system is allocating financial facilitiesto different production sector across the country. In fact, banks play a crucial role in monetary and financial system. Since bank credits are a great portion of financial allocation resource of the province, soit really works attention to use financial resources properly in order to achieve economicgrowth followed by valued-added and the growth of production and employment. It is the primary goal of this article to evaluateeffects of the network ofbanking credit on economical growth in different sectors of Mazandaran, including: industry and mining sector, agriculture, and services.Coefficients of model are estimated through Panel Data Econometrics Method and the results have been examined and analyzed. The statistical population of this article is based on different sectors of Mazandaran province during the years of 2000 –2009.The results of survey demonstrate the great impact of the credits allocated for economical growth in different sectors of province. These were compatible with our expectations from theories in mind and play important role in growth of employmentand value-added of the province.