Financial Development and Economic Growth in Turkey
Journal Title: Journal of the Human and Social Science Researches - Year 2016, Vol 5, Issue 7
Abstract
The global financial crisis, started in the USA in 2008 and affected all countries, re-emerged the discussions on the relationship between financial development and economic growth. This paper examined the relationship between financial development and economic growth in Turkey by using Hacker-Hatemi-J causality test and quarterly observations over the period of 2003-2015. According to the results, it was found that there was no causality in the pre-crisis period but post-crisis period.
Authors and Affiliations
Hacı Bayram IŞIK| Prof. Dr., Kırıkkale Üniversitesi, İktisat Bölümü hbayram@kku.edu.tr, Onur BİLGİN| Arş. Gör., Kırıkkale Üniversitesi, İktisat Bölümü onurbilgin@kku.edu.tr
Keywords
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