Relationship between budget and bank credits with the economic growth of the provinces of the country with the Panel-VAR approach

The properly and optimized the facilities and credit can lead to increased investment, production, employment and economic growth. In addition, budgetary credits as financial policy plays an important role in economic growth. The purpose of this paper was to investigate the relationship between government budget credits and bank credits based on financial and monetary policy on economic growth and distribution of revenue in the country's provinces. In this regard, the credits allocated to different provinces have been evaluated based on the monetary and financial policy. To analyze this relationship, statistical information from 2000-2019 and panel autoregressive methods were used. The results of the impulse from the budget credits had a positive effect on the economic growth of the provinces. It has also led to a more inappropriate distribution of income in the country's provinces. The effects of monetary policy on economic growth variables and revenue distribution have been such as government spending, but the intensity of monetary policy has been greater than financial policy. The results of the impulse from the budget credits had a positive effect on the economic growth of the provinces. It has also led to a more inappropriate distribution of income in the country's provinces. The effects of monetary policy on economic growth variables and revenue distribution have been such as government spending, but the intensity of monetary policy has been greater than financial policy.The results of the impulse from the budget credits had a positive effect on the economic growth of the provinces. It has also led to a more inappropriate distribution of income in the country's provinces. The effects of monetary policy on economic growth variables and revenue distribution have been such as government spending, but the intensity of monetary policy has been greater than financial policy.