Arbeitspapier
The Financial Development and Economic Growth Nexus for Turkey
This study investigates the validity of the demand-pulling and the supply-leading hypotheses using annual data from 1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest unidirectional causation from financial development to economic growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: EERI Research Paper Series ; No. 06/2007
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Macroeconomic Aspects of International Trade and Finance: General
Economywide Country Studies: Europe
- Thema
-
Growth
financial intermediation
causality
cointegration
Turkey
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Halicioglu, Ferda
- Ereignis
-
Veröffentlichung
- (wer)
-
Economics and Econometrics Research Institute (EERI)
- (wo)
-
Brussels
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Halicioglu, Ferda
- Economics and Econometrics Research Institute (EERI)
Entstanden
- 2007