Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period

Volume: 6 Number: 4 September 1, 2016
  • Tuncay Çelik
  • Levent Citak
EN

Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period

Abstract

After 1950s, economics literature embraced a gradually increasing pattern of studies on economic growth. Empirical studies on the relations among competition in the banking sector, which provides financing to real investments, financial liberalization and economic growth have been increasing since late 1980s. These studies, which have their roots in McKinnon and Shaw approach, investigate whether financial liberalization leads to efficiency rise in the financial sector resulting in economic growth through low cost loans. The objective of this study is to test the relationship among competition in the Turkish Banking Sector, financial liberalization and economic growth over 1990-2014 period using annual time-series data. The findings suggest that over the study period, competition is positively and liberalization is negatively related to economic growth in Turkey.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Tuncay Çelik This is me

Levent Citak This is me

Publication Date

September 1, 2016

Submission Date

September 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 4

APA
Çelik, T., & Citak, L. (2016). Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period. International Journal of Economics and Financial Issues, 6(4), 1750-1755. https://izlik.org/JA84DT93YB
AMA
1.Çelik T, Citak L. Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period. IJEFI. 2016;6(4):1750-1755. https://izlik.org/JA84DT93YB
Chicago
Çelik, Tuncay, and Levent Citak. 2016. “Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy During the 1990-2014 Period”. International Journal of Economics and Financial Issues 6 (4): 1750-55. https://izlik.org/JA84DT93YB.
EndNote
Çelik T, Citak L (September 1, 2016) Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period. International Journal of Economics and Financial Issues 6 4 1750–1755.
IEEE
[1]T. Çelik and L. Citak, “Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period”, IJEFI, vol. 6, no. 4, pp. 1750–1755, Sept. 2016, [Online]. Available: https://izlik.org/JA84DT93YB
ISNAD
Çelik, Tuncay - Citak, Levent. “Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy During the 1990-2014 Period”. International Journal of Economics and Financial Issues 6/4 (September 1, 2016): 1750-1755. https://izlik.org/JA84DT93YB.
JAMA
1.Çelik T, Citak L. Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period. IJEFI. 2016;6:1750–1755.
MLA
Çelik, Tuncay, and Levent Citak. “Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy During the 1990-2014 Period”. International Journal of Economics and Financial Issues, vol. 6, no. 4, Sept. 2016, pp. 1750-5, https://izlik.org/JA84DT93YB.
Vancouver
1.Tuncay Çelik, Levent Citak. Banking Competition, Financial Liberalization and Economic Growth: Evidence from Turkish Economy during the 1990-2014 Period. IJEFI [Internet]. 2016 Sep. 1;6(4):1750-5. Available from: https://izlik.org/JA84DT93YB