Aslan, Res. Ass. Ozgur; Kucukaksoy, Asst. Prof. Ismail - In: Istanbul University Econometrics and Statistics e-Journal 4 (2006) 1, pp. 25-38
In the relationship between financial development and economic growth, supply-leading and demand-following hypothesis have great importance. According to supply-leading hypothesis, financial development leads to economic growth, however demand following hypothesis asserts that the direction of...