Türkiye’de Yurtiçi Krediler ile Ekonomik Büyüme ve Enflasyon Arasındaki İlişkilerin Doğrusal Olmayan Eşbütünleşme Analizi ile Tespiti

Yıl 2022, Cilt: 16 Sayı: 2, 173 - 187, 22.09.2022

Yusuf Tuna Ayça Doğaner Güldenur Çetin

https://doi.org/10.46520/bddkdergisi.1178334

Öz

The aim of this study is to determine the relationship between GDP and inflation and domestic
loans given by banks to the private sector by using time series models. In this study, in which the
1972-2020 annual data for Turkiye were used, Harvey et al. (2008) Harvey and Leybourne (2007)
linearity tests, traditional unit root tests for linearly determined series and Kapetanios, Shin and Snell
(2003) (KSS) unit root tests for nonlinear series were performed. After the series were determined to
be stationary, Kapetanios, Shin and Snell (KSS) (2006) cointegration test was performed. According to
the results of the analysis, no cointegrated relationship was found between the GDP and inflation and
domestic loans given by banks to the private sector in Turkiye. As a result, it can be said that there is
no pass-through effect on GDP and inflation rates as a result of the increase/decrease in loans given
by banks to the private sector in Turkiye.

Determining the Relationships Between Domestic Credits, Economic Growth and Inflation in Turkiye by Nonlinear Cointegration Analysis

Öz

The aim of this study is to determine the relationship between GDP and inflation and domestic
loans given by banks to the private sector by using time series models. In this study, in which the
1972-2020 annual data for Turkiye were used, Harvey et al. (2008) Harvey and Leybourne (2007)
linearity tests, traditional unit root tests for linearly determined series and Kapetanios, Shin and Snell
(2003) (KSS) unit root tests for nonlinear series were performed. After the series were determined to
be stationary, Kapetanios, Shin and Snell (KSS) (2006) cointegration test was performed. According to
the results of the analysis, no cointegrated relationship was found between the GDP and inflation and
domestic loans given by banks to the private sector in Turkiye. As a result, it can be said that there is
no pass-through effect on GDP and inflation rates as a result of the increase/decrease in loans given
by banks to the private sector in Turkiye.

Anahtar Kelimeler

Domestic Loan, GDP, Inflation, Linearity test

Kaynakça

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