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Journals / İnsan ve Toplum Bilimleri Araştırmaları Dergisi / 2016 / Cilt: 5 - Sayı: 7

Financial Development and Economic Growth in Turkey

Finansal Gelişme ve Ekonomik Büyüme İlişkisi Türkiye Örneği

HACI BAYRAM IŞIK
Onur Bilgin
Pages
1757–1765
DOI
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AI Summary & Key Takeaways

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

According to the results, it was found that there was no causality in the pre-crisis period but post-crisis period.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The global financial crisis, started in the USA in 2008 and affected all countries, re-emerged the discussions on the relationship between financial development and economic growth.
📊
Key Findings & Data:This paper examined the relationship between financial development and economic growth in Turkey by using Hacker-Hatemi-J causality test and quarterly observations over the period of 2003-2015.
💡
Conclusion & Impact:According to the results, it was found that there was no causality in the pre-crisis period but post-crisis period.
🔬Design:Research Article
📍Scope:2008 Verileri
⚙️Variables:: Finansal Gelişme · Finansal Liberalizasyon · Ekonomik Büyüme

Abstract

The global financial crisis, started in the USA in 2008 and affected all countries, re-emerged the discussions on the relationship between financial development and economic growth. This paper examined the relationship between financial development and economic growth in Turkey by using Hacker-Hatemi-J causality test and quarterly observations over the period of 2003-2015. According to the results, it was found that there was no causality in the pre-crisis period but post-crisis period.

Özet

2008 yılında ABD’de başlayan ve tüm ekonomileri etkisi altına alan küresel finansal kriz, finansal gelişme ve ekonomik büyüme arasındaki ilişkinin yeniden gündeme gelmesini sağlamıştır. Bu çalışmada, Türkiye ekonomisinde finansal gelişme ile ekonomik büyüme ilişkisi, 2003Q1-2015Q4 dönemine ait veriler ile Hacker ve Hatemi-J nedensellik testi kullanılarak incelenmiştir. Analiz sonuçlarına göre, çalışmada kullanılan finansal gelişme göstergeleri ve ekonomik büyüme göstergesi arasında kriz öncesi dönemde nedensellik ilişkisi bulunamazken, kriz sonrası dönemde ilgili değişkenler arasında nedensellik ilişkisi tespit edilmiştir.

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Cite This Article

IŞIK, H. B., Bilgin, O. (2016). Financial Development and Economic Growth in Turkey. İnsan ve Toplum Bilimleri Araştırmaları Dergisi, Cilt: 5 - Sayı: 7, 1757–1765. https://ajindex.com/articles/270324

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