Yıl 2021, Cilt 5 , Sayı 1, Sayfalar 1 - 13 2021-04-07

Is Fueling the Economy with Too Much Finance Good?
Is Fueling the Economy with Too Much Finance Good?

Ahmet USTA [1]


Bu çalışma 2001 ve 2010 dönemlerinde Türkiye'de finansal gelişmenin iktisadi çıktı ve gelir eşitsizliği üzerindeki doğrusal olmayan etkilerine dair kanıtlar sunmaktadır. Finansallaşmanın iktisadi çıktı ve gelir eşitsizliğini nasıl etkilediğini ortaya koymak için dinamik olağan en küçük kareler yöntemini ve Toda-Yamamoto Granger nedensellik testini kullanmaktayız. Finansal gelişme ve ekonomik kalkınma ilişkisi ile finansal gelişme ve gelir eşitsizliği ilişkisinin doğrusal olmadığına dair kanıtlar ortaya koymaktayız. Finansal gelişmenin ilk döneminde, ekonomik gelişmenin arttığını ve gelir eşitsizliğinin daha da bozulduğunu gözlemlerken, belirli bir eşikten sonra ekonomik gelişmenin azaldığını ve gelir dağılımının daha dengeli hale geldiğini bulmaktayız. Ayrıca nedensellik testi ile finansal gelişme ile ekonomik kalkınma arasında iki yönlü bir Granger nedensellik olduğunu bulurken gelir eşitsizliğinden finansal gelişmeye doğru tek yönlü bir Granger nedensellik bulmaktayız.
This study provides evidence on the nonlinear effects of financial development on economic development and income inequality in Turkey over the period 2001 and 2010. To document how financialization affects output and income inequality, we estimate dynamic OLS (DOLS) and conduct Toda-Yamamoto Granger causality test. We find evidence of a nonlinear relationship on the financial development and economic development nexus, and financial development and income inequality nexus. In the initial period of financial development, economic development increases and income inequality widens, after a certain threshold economic development decreases and income distribution becomes more equal. We also test causality patterns and find a bilateral causation between financial development and economic development, and a one-way causality from income inequality to finance.
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Birincil Dil en
Konular İktisat
Bölüm Makaleler
Yazarlar

Orcid: 0000-0001-9899-8072
Yazar: Ahmet USTA (Sorumlu Yazar)
Kurum: RECEP TAYYİP ERDOĞAN ÜNİVERSİTESİ
Ülke: Turkey


Tarihler

Yayımlanma Tarihi : 7 Nisan 2021

Bibtex @araştırma makalesi { anadoluiid898494, journal = {Anadolu İktisat ve İşletme Dergisi}, issn = {}, eissn = {2602-2540}, address = {Recep Tayyip Erdoğan Üniversitesi, İİBF, İktisat Bölümü Rize}, publisher = {Seymur AĞAZADE}, year = {2021}, volume = {5}, pages = {1 - 13}, doi = {}, title = {Is Fueling the Economy with Too Much Finance Good?}, key = {cite}, author = {Usta, Ahmet} }
APA Usta, A . (2021). Is Fueling the Economy with Too Much Finance Good? . Anadolu İktisat ve İşletme Dergisi , 5 (1) , 1-13 . Retrieved from https://dergipark.org.tr/tr/pub/anadoluiid/issue/61235/898494
MLA Usta, A . "Is Fueling the Economy with Too Much Finance Good?" . Anadolu İktisat ve İşletme Dergisi 5 (2021 ): 1-13 <https://dergipark.org.tr/tr/pub/anadoluiid/issue/61235/898494>
Chicago Usta, A . "Is Fueling the Economy with Too Much Finance Good?". Anadolu İktisat ve İşletme Dergisi 5 (2021 ): 1-13
RIS TY - JOUR T1 - Is Fueling the Economy with Too Much Finance Good? AU - Ahmet Usta Y1 - 2021 PY - 2021 N1 - DO - T2 - Anadolu İktisat ve İşletme Dergisi JF - Journal JO - JOR SP - 1 EP - 13 VL - 5 IS - 1 SN - -2602-2540 M3 - UR - Y2 - 2021 ER -
EndNote %0 Anadolu İktisat ve İşletme Dergisi Is Fueling the Economy with Too Much Finance Good? %A Ahmet Usta %T Is Fueling the Economy with Too Much Finance Good? %D 2021 %J Anadolu İktisat ve İşletme Dergisi %P -2602-2540 %V 5 %N 1 %R %U
ISNAD Usta, Ahmet . "Is Fueling the Economy with Too Much Finance Good?". Anadolu İktisat ve İşletme Dergisi 5 / 1 (Nisan 2021): 1-13 .
AMA Usta A . Is Fueling the Economy with Too Much Finance Good?. AİİD. 2021; 5(1): 1-13.
Vancouver Usta A . Is Fueling the Economy with Too Much Finance Good?. Anadolu İktisat ve İşletme Dergisi. 2021; 5(1): 1-13.
IEEE A. Usta , "Is Fueling the Economy with Too Much Finance Good?", Anadolu İktisat ve İşletme Dergisi, c. 5, sayı. 1, ss. 1-13, Nis. 2021