growth models, introduced by Solow, Harrod-Domar, Barro and Romer, for the Turkish economy by applying the Seemingly … the models in question. With the help of different exogenous variables, economic growth theories are trying to explain the … same endogenous variable, namely, economic growth. The primary objective of this study is to test the joint validity of the …

A computable neoclassical model with financial intermediation is used first to explain the falling Euler equation tax … intermediation enhances growth. The analysis reveals that improved efficiency reduces the tax wedge of 1966–1980 by more than 58 … positively contributes to long-term growth. …