doi: 10.7763/JOEBM.2016.V4.363
The Relationship between Turkey’s Financial Indicators and Economic Growth Rates
Huseyin Cetin
- Okan University, Turkey.
Abstract
Banking sector has many important roles for countries. The research objective is to unearth the short and long term relationship between Turkey’s financial indicators and economic growth rates. The research was conducted with secondary data from Global Financial Development database. Financial parameters mainly for banking are separated and 19 financial variables relationships with Turkey’s economic growth examined. For the period of 1999-2011, correlation matrix technique was used for 15 variables. For the period of 1970 and 2011, Turkey’s gross domestic product taken as dependent variable and 5 banking indicators used as independent variables.
Keywords
- Private credits
- stock market volatility
- deposit money bank’s asset to GDP
- Turkey’s economic growth rates
How to Cite
Huseyin Cetin, "The Relationship between Turkey’s Financial Indicators and Economic Growth Rates," Journal of Economics, Business and Management, vol. 4, no. 1, pp. 36-39, 2016. https://doi.org/10.7763/JOEBM.2016.V4.363
Copyright & License
Copyright © 2016 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).