The extent of compatibility between the relative importance of the industrial sector and the relative importance of bank credit granted to it in Libya during the period (1985-2010)

Abstract

The industry sector plays an important role in the economic development process in the countries in general and especially the state of developing inclouding Libya.The research amis to study and analysis the evolution of the value and the relative importance of the industrial sector to GDP.AS well as study and analysis of the evolution the value of winning and the relative importance of bank credit to industrial sector was prohibited from credit kidney ل،in addition to study and analysis the credit rate is forbidden for industrial sector and the proportion of industrial output to GDP.Finally then study the compatibility between the relative importance of the industrial sector and between the relative importance of credit bank granted to industry.The study to achieve its goal on the descriptive and statistical analysis of the data time _ series manner that contributes to shed light on the problem under study and help in connection to the results utilized and adopted find the data published by the central bank of Libya and some other authorities ل،as well as some references and research relevant to the subject of study.The study showed that the proportion of bank credit granted to industrial sector's contribution of credit bank kidney for a much larger proportion of the contribution of the industrial sector in GDP.The study also showed that the proportion of bank credit forbidden contribution of industrial sector was more volatile than the relative contribution of the industrial sector in GDP volatility during the period of study.As it turns out from the study that there is no consensus between the relative importance of bank credit granted to the industrial sector and the relative importance of industrial sector to GDP.