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

dc.authoridEratas Sonmez, Filiz/0000-0003-2052-340X
dc.contributor.authorEratas-Sonmez, Filiz
dc.contributor.authorSaglam, Yagmur
dc.date.accessioned2025-03-23T19:27:43Z
dc.date.available2025-03-23T19:27:43Z
dc.date.issued2019
dc.departmentSinop Üniversitesi
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.doi10.17233/sosyoekonomi.2019.04.05
dc.identifier.endpage106
dc.identifier.issn1305-5577
dc.identifier.issue42
dc.identifier.scopusqualityN/A
dc.identifier.startpage87
dc.identifier.urihttps://doi.org/10.17233/sosyoekonomi.2019.04.05
dc.identifier.urihttps://hdl.handle.net/11486/4975
dc.identifier.volume27
dc.identifier.wosWOS:000512302900005
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.language.isotr
dc.publisherSosyoekonomi Soc
dc.relation.ispartofSosyoekonomi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WOS_20250323
dc.subjectFinancial Development
dc.subjectFinancial Development Index
dc.subjectEconomic Growth
dc.subjectPanel Data Analysis
dc.subjectPanel Causality Analysis
dc.titleThe Relationship between Financial Development and Economic Growth for Developing Countries: Panel Causality Analysis
dc.typeArticle

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