The Relationship Between Financial Development And Economic Growth: Evidence From European Transition Economies

dc.authoridSAGLAM, YAGMUR/0000-0001-6465-0297
dc.contributor.authorSaglam, Yagmur
dc.contributor.authorSonmez, Filiz Eratas
dc.date.accessioned2025-03-23T19:48:05Z
dc.date.available2025-03-23T19:48:05Z
dc.date.issued2017
dc.departmentSinop Üniversitesi
dc.description.abstractThe main purpose of this paper is to investigate the relationship between financial development and economic growth, based on European transition economies. For this purpose we used Barro (1991) type growth model which claimed that finance is a key to economic growth. The model includes real gross domestic product (GDP) and composite index of financial development (FD). At the empirical model, scope of the panel data analysis, primarily the heterogeneity of variables were investigated and then the cross-section dependency was examined. Also, stability of the series was tested with the second-generation unit root tests. After the existence of the co-integration relationship between the series, long term regression parameters were examined. According to the empirical results, in the long term, it is expected that there is a one way relationship from financial development to growth.
dc.identifier.endpage140
dc.identifier.issn1306-6730
dc.identifier.issue1
dc.identifier.scopusqualityN/A
dc.identifier.startpage121
dc.identifier.urihttps://hdl.handle.net/11486/7508
dc.identifier.volume12
dc.identifier.wosWOS:000425085400007
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.language.isotr
dc.publisherEskisehir Osmangazi Univ, Fac Education
dc.relation.ispartofEskisehir Osmangazi Universitesi Iibf Dergisi-Eskisehir Osmangazi University Journal of Economics and Administrative Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20250323
dc.subjectFinancial Development
dc.subjectEconomic Growth
dc.subjectPanel Data Analysis
dc.titleThe Relationship Between Financial Development And Economic Growth: Evidence From European Transition Economies
dc.typeArticle

Dosyalar