THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY

Volume: 8 Number: 15 June 1, 2008
EN TR

THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY

Abstract

The relation between the development of financial system and economic growth has been discussed for a long time. Mostly general economic success depends on the efficiency of the financial system. On the other hand, economic growth brings about increasing national income and causes a development in the international integration and legal arrangements thus it leads to an appropriate environment to development financial system. This paper examines the causal relationship between financial development and economic growth in Turkey. Therefore; in this study Granger causality test used in order to test the hypotheses regarding the presence and the direction of causality between financial development and economic growth. Although the results of the causality analysis between financial development and economic growth are contradictory in this study, most people seem to support the idea that economic growth causes financial development in terms of Turkish economy.

Keywords

Details

Primary Language

Turkish

Subjects

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Journal Section

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Publication Date

June 1, 2008

Submission Date

June 1, 2008

Acceptance Date

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Published in Issue

Year 2008 Volume: 8 Number: 15

APA
Afşar, A. (2008). THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY. Sosyal Ekonomik Araştırmalar Dergisi, 8(15), 269-280. https://izlik.org/JA69FN65JZ
AMA
1.Afşar A. THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY. SUSEAD. 2008;8(15):269-280. https://izlik.org/JA69FN65JZ
Chicago
Afşar, Aslı. 2008. “THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY”. Sosyal Ekonomik Araştırmalar Dergisi 8 (15): 269-80. https://izlik.org/JA69FN65JZ.
EndNote
Afşar A (June 1, 2008) THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY. Sosyal Ekonomik Araştırmalar Dergisi 8 15 269–280.
IEEE
[1]A. Afşar, “THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY”, SUSEAD, vol. 8, no. 15, pp. 269–280, June 2008, [Online]. Available: https://izlik.org/JA69FN65JZ
ISNAD
Afşar, Aslı. “THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY”. Sosyal Ekonomik Araştırmalar Dergisi 8/15 (June 1, 2008): 269-280. https://izlik.org/JA69FN65JZ.
JAMA
1.Afşar A. THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY. SUSEAD. 2008;8:269–280.
MLA
Afşar, Aslı. “THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY”. Sosyal Ekonomik Araştırmalar Dergisi, vol. 8, no. 15, June 2008, pp. 269-80, https://izlik.org/JA69FN65JZ.
Vancouver
1.Aslı Afşar. THE CAUSALITY BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN TURKEY. SUSEAD [Internet]. 2008 Jun. 1;8(15):269-80. Available from: https://izlik.org/JA69FN65JZ