Acaravci, Ali; Ozturk, Ilhan; Acaravci, Songul Kakilli - 2011
This paper examines the causal relationship between financial development and economic growth in Turkey for the period … results show a one-way causal relationship running from the financial development to the economic growth in Turkey … 1986:1-2006:4 using dynamic time series models. The results of the cointegration analysis provide evidence of no long …