SENTURK, Mehmet; AKBAS, Yusuf Ekrem; OZKAN, Gokcen - In: Asian Economic and Financial Review 4 (2014) 11, pp. 1485-1501
In this study; it is investigated that gross domestic product (GDP), foreign direct investment (FDI) and aggregate credits (CR) relationship of seven developing countries over the period of 1982-2010. Firstly, CDLM tests were applied to detect the cross-sectional dependency. Then, SURADF and...