INVESTIGATION OF THE RELATIONSHIP BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: AN EVALUATION ON TURKEY AND G7 COUNTRIES

Abstract

FİNANSAL GELİŞME VE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİNİN ARAŞTIRILMASI: TÜRKİYE VE G7 ÜLKELERİ ÜZERİNE BİR DEĞERLENDİRME

Abstract

Günümüzde olduğu kadar geçmişte de araştırmacılar tarafından üzerinde durulan bir konu olan ekonomik büyüme ve finansal gelişme ilişkisinin teorik ve ampirik boyutlardaki tartışmaları sürdürülmektedir. Bu çalışmada, 1980-2019 dönemi için Türkiye ve G7 ülkeleri örneklemi için finansal gelişim ve ekonomik büyüme arasında ilişkilerin ortaya konması amaçlanmıştır. Yapılan Maki eşbütünleşme testi (2012) neticesinde Türkiye, Fransa ve İtalya için ekonomik büyüme ve finansal gelişim arasında uzun dönemli birlikte hareket görülmüştür. Öte yandan Hacker ve Hatemi-J (2012) bootstrap nedensellik testi sonucunda ise yalnızca ABD için çift yönlü nedensellik görülmüş olup, diğer ülkeler için herhangi bir bulguya rastlanmamıştır.

Keywords

• Finansal Gelişim
• Ekonomik Büyüme
• Türkiye
• G7 Ülkeleri

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