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FİNANSAL DERİNLEŞME VE İKTİSADİ BÜYÜME İLİŞKİSİ: TÜRKİYE ÖRNEĞİ

Journal Name:

  • İstanbul Üniversitesi İktisat Fakültesi Mecmuası

Publication Year:

  • 2008
Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
This paper investigates the relationship between financial deepening and economic growth. In this framework the literature related to financial development-economic growth nexus has been reviewed. Having been surveyed the literature, the process of development and deepening of financial markets in Turkey are considered. In this context, whether the financial deepening is achieved in Turkey is analyzed. If it is achieved properly, whether the effects of the deepening reflected to economic growth as it is set up by theory are also investigated. The findings obtained from the cointegration test results using the dataset of Turkey related to 1987-2006 period show that though there is a relationship between financial deepening and economic growth between the period of ¡987.1-2002.2, the econometric evidence cannot reject the hypothesis that financial development is unrelated to growth for the period of1987.1-2006,4.
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Abstract (Original Language): 
Bu çalışmada fınansal derinleşme ve iktisadi büyüme ilişkisi incelenmektedir. Bu çerçevede öncelikle fınansal gelişıne-i/ctisadİ büyüme ilişkisine ait literatür taraması gerçekleştirilmiştir. Daha sonra Türkiye 'de fınansal piyasaların gelişme ve dolayısıyla derinleşme süreci ele alınmıştır. Btı bağlamda Türkiye'de fınansal derinleşmenin gerçekleşip gerçekleşmediği ve eğer fınansal piyasalarda derinleşme gerçekleştiyse, teoride ileri sürüldüğü gibi bu derinleşmenin etkilerinin iktisadi büyümeye yansıyıp yansımadığı araştırılmıştır. Türkiye 'ye ve 1987-2006 dönemine ilişkin veri seti kullanılarak yapılan eşbütünleşme testi sonucunda, fınansal derinleşme ve iktisadi büyüme olguları arasında 1987.1­2006:4 döneminde herhangi bir ilişki bulunamamış olmasına karşılık, 1987.1­2002.2 döneminde söz konusu değişkenler arasında çift yönlü ilişki ortaya konmuştur.
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  • 2
45-74
  • Turkish

REFERENCES

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