STOCK MARKET AND BANKING SECTOR DEVELOPMENT IN TURKEY: DO THEY HAVE THE SAME IMPACT ON ECONOMIC GROWTH?

dc.contributor.authorKaya, Elif
dc.contributor.authorBektas, Eralp
dc.contributor.authorFeridun, Mete
dc.date.accessioned2026-02-06T18:47:04Z
dc.date.issued2011
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractThis article investigates the impact of financial stock market development and banking sector development on economic growth in the case of Turkey using Johansen cointegration and Granger causality tests for the period between 01:1988 and 12:2004. The results suggest that banking sector development has positive impact on economic growth and vice versa. Hence, the results lend support to both demand following and supply leading hypotheses for banking sector development and economic growth relationship. However, the results fail to yield the same conclusion for the stock market-economic growth relationship.
dc.identifier.doi10.1080/1331677X.2011.11517481
dc.identifier.endpage74
dc.identifier.issn1331-677X
dc.identifier.issn1848-9664
dc.identifier.issue4
dc.identifier.orcid0000-0002-3138-9245
dc.identifier.scopus2-s2.0-84857336278
dc.identifier.scopusqualityQ1
dc.identifier.startpage65
dc.identifier.urihttps://doi.org/10.1080/1331677X.2011.11517481
dc.identifier.urihttps://hdl.handle.net/11129/14221
dc.identifier.volume24
dc.identifier.wosWOS:000300752000006
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofEconomic Research-Ekonomska Istrazivanja
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260204
dc.subjectGranger-causality
dc.subjectbanking sector
dc.subjectstock market
dc.titleSTOCK MARKET AND BANKING SECTOR DEVELOPMENT IN TURKEY: DO THEY HAVE THE SAME IMPACT ON ECONOMIC GROWTH?
dc.typeArticle

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