The Relationship between Financial Development and Economic Growth for Developing Countries: Panel Causality Analysis

dc.contributor.authorEratas-Sonmez, F
dc.contributor.authorSaglam, Y
dc.date.accessioned2024-07-18T11:52:01Z
dc.date.available2024-07-18T11:52:01Z
dc.description.abstractThe study aims to examine the relationship between financial development and economic growth in developing countries. In this context, an econometric model has been formed using the financial development index and economic growth variables. Due to the complex nature of the financial system, non-stationary panel data analysis is employed in the empirical model. In the long run, a one-way causality relationship from financial development to economic growth is observed. The findings are in line with the supply-driven approach, which argues for that financial development positively affects economic growth.
dc.identifier.issn1305-5577
dc.identifier.urihttp://akademikarsiv.cbu.edu.tr:4000/handle/123456789/5318
dc.language.isoTurkish
dc.publisherSOSYOEKONOMI SOC
dc.subjectSTOCK MARKETS
dc.subjectUNIT-ROOT
dc.subjectTRADE
dc.titleThe Relationship between Financial Development and Economic Growth for Developing Countries: Panel Causality Analysis
dc.typeArticle

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