The Asymmetric Relationship between Financial Development and Economic Growth in Turkish Economy

Basit Öğe Kaydı
dc.contributor.authorAşık, Bekir
dc.date.accessioned2025-03-09T10:53:38Z
dc.date.available2025-03-09T10:53:38Z
dc.date.issued2023
dc.departmentİstanbul Beykent Üniversitesi
dc.description.abstractWith this study, symmetric and asymmetric relation between growth and financial system is investigated for Turkish economy over the period 2003.Q1-2021.Q4. Total credit private credit, total domestic credit and broad money are selected as a proxy for development of financial system and Autoregressive Distributed Lag (ARDL) method and Non-linear Autoregressive Distributed Lag (NARDL) method is employed to capture the existence of asymmetric relation between financial variables and growth. In addition to these methods, the causality between growth and financial system is investigated using Granger causality test. Results imply that there is a positive relation both in long time and in short time periods between development of financial system and growth. Furthermore, changes in total credit and broad money supply have asymmetric effect on growth. Granger causality test results indicate that ‘the supply-leading hypothesis’ is valid for Turkish economy in long time period.
dc.identifier.endpage558
dc.identifier.issn2651-5318
dc.identifier.issue2
dc.identifier.startpage543
dc.identifier.trdizinid1232629
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1232629
dc.identifier.urihttps://hdl.handle.net/20.500.12662/4885
dc.identifier.volume8
dc.indekslendigikaynakTR-Dizin
dc.institutionauthorAşık, Bekir
dc.language.isoen
dc.relation.ispartofJournal of emerging economies and policy (Online)
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_TR_20250310
dc.subjectNARDL
dc.subjectARDL
dc.subjectEconomic Growth
dc.subjectFinancial Development
dc.titleThe Asymmetric Relationship between Financial Development and Economic Growth in Turkish Economy
dc.typeArticle

Dosyalar

Koleksiyon

TR-Dizin İndeksli Yayınlar Koleksiyonu