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Journals / Gaziantep Üniversitesi Sosyal Bilimler Dergisi / 2019 / Cilt: 18 - Sayı: 1

Financial Deepening And Poverty Reduction in E7 Countries: Panel Bootsrap Causality

E7 Ülkelerinde Finansal Derinleşme ve Yoksulluk İlişkisi: Bootstrap Panel Nedensellik Analizi

Günay ÖZCAN
İbrahim ÖZMEN
Pages
508–521
Publication Date
2019-01-22
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results show that the trickle down hypothesis is valid only in one of the E7 countries, whereas the complementary hypothesis is valid in three of the E7 countries.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, it is aimed to investigate the causality linkage between financial deepening and poverty in the E7 countries for the periods of 2001-2006.
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Key Findings & Data:The results show that the trickle down hypothesis is valid only in one of the E7 countries, whereas the complementary hypothesis is valid in three of the E7 countries.
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Conclusion & Impact:These results imply one way causality from private sector credits (DC) to poverty and from poverty to money supply (M2Y).
🔬Design:Research Article
📍Scope:2001-2006 Verileri
⚙️Variables:Finansal derinlik · Yoksulluk · Trickle down

Abstract

In this study, it is aimed to investigate the causality linkage between financial deepening and poverty in the E7 countries for the periods of 2001-2006. The causality linkage the variable was tested using the bootstrap panel Granger causality analysis. The results show that the trickle down hypothesis is valid only in one of the E7 countries, whereas the complementary hypothesis is valid in three of the E7 countries. These results imply one way causality from private sector credits (DC) to poverty and from poverty to money supply (M2Y).

Özet

Bu çalışmada, E7 ülkelerinde finansal derinleşme ve yoksulluk arasındaki nedensellik ilişkisinin 2001-2016 dönemleri için araştırılması amaçlanmaktadır. Değişkenler arasındaki nedensellik ilişkinin test edilmesinde bootsrap panel Granger nedensellik analizi kullanılmıştır. Elde edilen sonuçlar trickle down hipotezinin (damlama hipotezinin) sadece bir ülkede geçerli olduğunu diğer yandan tamamlayıcılık hipotezinin (complementary hypothesis) ise üç ülkede geçerli olduğunu göstermektedir. Bu sonuçlar özel sektör kredilerinden (DC) yoksulluğa doğru tek yönlü, yoksulluktan para arzına (M2Y) doğru tek yönlü nedensellik ilişkisini ifade etmektedir.

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Cite This Article

ÖZCAN, G., ÖZMEN, İ. (2019). Financial Deepening And Poverty Reduction in E7 Countries: Panel Bootsrap Causality. Gaziantep Üniversitesi Sosyal Bilimler Dergisi, Cilt: 18 - Sayı: 1, 508–521. https://ajindex.com/articles/116180

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