Author/Authors :
NİŞANCI, Murat Erzincan Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İktisat Bölümü, Turkey , KARABIYIK, İlyas Erzincan Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İktisat Bölümü, Turkey , UÇAR, Metin Erzincan Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İktisat Bölümü, Turkey
Title Of Article :
İKTİSADİ BÜYÜMEDE FİNANSAL GELİŞMENİN ETKİSİ: D-8 ÜLKELERİNDE NEDENSELLİK İLİŞKİSİ
Abstract :
There is a well-known relationship between financial development and economic growth. Sometimes, this relationship shows itself in supply or demand side. In this study, the causality between financial development and economic growth was tried to be checked with the data of D-8 countries (Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey). The data is over the period of 1960-2009. In the some of the countries analyzed a causality between financial development and economic growth has been determined in short and long run. The empirical findings show that the private sector credit is the most effective financial variable on economic growth.
NaturalLanguageKeyword :
Financial Development , Economic Growth , Causality , D , 8 Countries , Jel Codes: C32 , F43 , G10 ,
JournalTitle :
Journal Of Economics and Administrative Sciences, Ataturk University