The Nexus between Financial Development and Economic Growth: The Case of Turkey

Sekreter, Ahmet (2017) The Nexus between Financial Development and Economic Growth: The Case of Turkey. International Journal of Social Sciences and Educational Studies, 3 (3). pp. 102-109. ISSN 24091294

[img] Text (Published Research Article)
ijsses.v3i3p102.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (589kB)
Official URL: http://dx.doi.org/10.23918/ijsses.v3i3p102

Abstract

Examining the possible nexus between financial development and economic growth is one of the hot topics in the finance. The relationship between financial development and economic growth is studied for the case of Turkey in this paper. Data interval includes from third quarter of 2002 to first quarter of 2015. Vector Autoregressive Model, Johansen Cointegration and Granger causality tests are used to get evidence for the possible relationship between those variables. Results showed that there is a bidirectional Granger causes in the short run and there is a one way Granger causes from economic growth to financial development in the long-run.

Item Type: Article
Uncontrolled Keywords: Financial Development, Economic Growth, VAR Model, Causality
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Divisions: Ishik International Journal of Social Sciences & Educational Studies > VOL 3, NO 3 (2017)
Depositing User: Depositor @ Ishik University
Date Deposited: 24 Apr 2018 13:12
Last Modified: 24 Apr 2018 13:12
URI: http://eprints.ishik.edu.iq/id/eprint/44

Actions (login required)

View Item View Item