Effects of Stock Market Development on Economic Growth Evidence from Turkey
Yazarlar (3)
Prof. Dr. Yılmaz Bayar Uşak Üniversitesi, Türkiye
Prof. Dr. Abdulkadir Kaya Erzurum Teknik Üniversitesi, Türkiye
Prof. Dr. Murat YILDIRIM Karabük Üniversitesi, Türkiye
| Makale Türü |
Özgün Makale
(Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale)
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| Dergi Adı | International Journal of Financial Research | ||
| Dergi ISSN | 1923-4023 | ||
| Dergi Tarandığı Indeksler | EconLit, JEL, Doaj, EBSCOhost | ||
| Makale Dili | İngilizce | Basım Tarihi | 01-2014 |
| Kabul Tarihi | – | Yayınlanma Tarihi | 10-01-2014 |
| Cilt / Sayı / Sayfa | 5 / 1 / 93–100 | DOI | 10.5430/ijfr.v5n1p93 |
| Makale Linki | http://dx.doi.org/10.5430/ijfr.v5n1p93 | ||
| UAK Araştırma Alanları |
Davranışsal Finans
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| Özet |
| The studies on the role of stock market development in economic growth have been increasing in recent years. This study examines the relationship between stock market development and economic growth in Turkey during the period 1999-2013 by using Johansen-Juselius cointegration test and Granger causality test. Our empirical results indicate that there is a long run relationship between economic growth and stock market capitalization, total value of stocks traded, turnover ratio of stocks traded and also there is unidirectional causality from stock market capitalization, total value of stocks traded and turnover ratio of stocks traded to economic growth. |
| Anahtar Kelimeler |
BM Sürdürülebilir Kalkınma Amaçları
| Atıf Sayıları | |
| Google Scholar | 129 |