Relationships between financial development, trade openness, and economic growth: Empirical evidence for Turkey

Basit Öğe Kaydı
dc.authorscopusid56780045800
dc.authorscopusid57217859668
dc.authorscopusid37058172000
dc.authorscopusid57095910300
dc.contributor.authorŞeker, Fahri
dc.contributor.authorÇetin, Murat
dc.contributor.authorTopçu, Birol
dc.contributor.authorSeren, Gamze Yıldız
dc.date.accessioned2022-05-11T14:13:58Z
dc.date.available2022-05-11T14:13:58Z
dc.date.issued2014
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, Çalışma Ekonomisi ve Endüstri İlişkileri Bölümü
dc.departmentFakülteler, Tıp Fakültesi, Temel Tıp Bilimleri Bölümü, Biyoistatistik Ana Bilim Dalı
dc.description.abstractThe aim of this chapter is to investigate the cointegration and causal relationship between financial development, trade openness, and economic growth in Turkey for the period of 1980-2012. To analyze the data, the bounds testing and Johansen-Juselius approaches to cointegration and Granger causality test based on vector error-correction model are employed. The cointegration tests suggest that there is a long-run relationship between the variables. The Granger causality test reveals long-run bidirectional causality between trade openness and economic growth. The findings also indicate unidirectional causality running from financial development to trade openness and economic growth in the long run as well as a bi-directional causality between financial development and economic growth in the short run. The results support supply-leading and trade-led growth hypotheses. Therefore, it can be suggested that Turkey can accelerate its economic growth by improving its financial systems and encouraging foreign trade. © 2015, IGI Global. All rights reserved.
dc.identifier.doi10.4018/978-1-4666-7308-3.ch015
dc.identifier.endpage196
dc.identifier.isbn9781466673090
dc.identifier.isbn1466673087
dc.identifier.isbn9781466673083
dc.identifier.scopus2-s2.0-84957075663
dc.identifier.startpage183
dc.identifier.urihttps://doi.org/10.4018/978-1-4666-7308-3.ch015
dc.identifier.urihttps://hdl.handle.net/20.500.11776/5721
dc.indekslendigikaynakScopus
dc.institutionauthorÇetin, Murat
dc.institutionauthorTopçu, Birol
dc.institutionauthorSeren, Gamze Yıldız
dc.language.isoen
dc.publisherIGI Global
dc.relation.ispartofRegional Economic Integration and the Global Financial System
dc.relation.publicationcategoryKitap Bölümü - Uluslararasıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.titleRelationships between financial development, trade openness, and economic growth: Empirical evidence for Turkey
dc.typeBook Chapter

Dosyalar

Koleksiyon

Scopus İndeksli Yayınlar Koleksiyonu
İktisadi ve İdari Bilimler Fakültesi Koleksiyonu
Tıp Fakültesi Koleksiyonu