University of Isfahan International Economics Studies 2008-9643 37 2 2023 02 20 Effect of Credit Market Structure on Bank Development: the Case of Iran and Selected Countries 117 136 15535 10.22108/ies.2023.15535 EN Mahshid Shahchera Iran’s Central Bank, Tehran Azam Ahmadian Iran’s Central Bank, Tehran Journal Article 2016 06 14 This paper has investigated a possible relationship between credit market structure and bank development in Iran and selected developing countries, using a panel regression analysis. Accordingly, the bank development index is proxied by the allocated credits to private sector, while a dummy variable has been defined as a proxy for credit market. To estimate the regressions, we have used data of 44 developing countries over the period 2000-2008. The results confirm that, depending on the regulation system, the coefficient value of the credit market has been different in the countries under consideration. The results show that the effect of credit market on bank development has been more pronounced in China , Ecuador , Iceland, Iran and Malaysia than that of other countries, which implies the more efficient regulation system in developing countries the more development in their banking system. Thus, the bigger effect of the credit markets on bank development can be obtained by the further reforms in these markets. JEL Classification: C23, G10, G18 https://ies.ui.ac.ir/article_15535_2900eacfb9ca61334d753be5b542284c.pdf