Yıl: 2023 Cilt: 58 Sayı: 1 Sayfa Aralığı: 208 - 230 Metin Dili: İngilizce DOI: 10.15659/3.sektor-sosyal-ekonomi.23.02.1974 İndeks Tarihi: 16-05-2023

Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis

Öz:
Supply-leading and demand-following hypotheses are crucial to explain the relationship between economic growth and loans. Based on these two theoretical approaches, the aim of the study explores the causality relationships between economic growth and loans on a provincial basis in Turkey in the period of 2007-2019. Differing from the majority of previous studies, in this study, loans are represented by the change in total loans, the change in commercial and industrial loans, the change in consumer loans, the change in construction loans, and the change in agricultural loans. The relationships between the variables are examined using the panel Granger causality test proposed by Dumitrescu and Hurlin (2012). As a result of the analysis, it is determined that there is a unilateral causal relationship from the change in total loans and the change in commercial and industrial loans to economic growth, and from economic growth to the change in consumer loans and the change in agricultural loans. On the other hand, any causal relationship between the change in construction loans and economic growth has not been found.
Anahtar Kelime: Economic Growth Loans Bank Supply leading Hypotheses Demand following Hypotheses

Türkiye'de İllere Göre Ekonomik Büyüme ve Krediler Arasındaki İlişkinin İncelenmesi: Panel Nedensellik Analizinden Ampirik Kanıtlar

Öz:
Ekonomik büyüme ve krediler arasındaki ilişkiyi açıklayabilmek için arz yönlü ve talep takipli hipotezler oldukça önemlidir. Bu iki teorik yaklaşımdan hareketle bu çalışmanın amacı 2007-2019 döneminde Türkiye’de il bazında ekonomik büyüme ile krediler arasındaki nedensellik ilişkilerini araştırmaktır. Önceki çalışmaların çoğundan farklı olarak bu çalışmada krediler toplam kredilerdeki değişme, ticari ve endüstri kredilerindeki değişme, tüketici kredilerindeki değişme, inşaat kredilerindeki değişme ve tarımsal kredilerdeki değişme ile temsil edilmektedir. Değişkenler arasındaki ilişkiler Dumitrescu ve Hurlin (2012) tarafından önerilen panel Granger nedensellik testi kullanılarak incelenmektedir. Analiz sonucunda, toplam kredilerdeki değişme ile ticari ve endüstri kredilerindeki değişmeden ekonomik büyümeye, ekonomik büyümeden ise tüketici kredilerindeki değişme ve tarımsal kredilerdeki değişmeye tek taraflı nedensellik ilişkisi olduğu belirlenmiştir. Diğer yandan inşaat kredilerindeki değişme ile ekonomik büyüme arasında herhangi bir nedensellik ilişkisi bulunamamıştır.
Anahtar Kelime: Ekonomik Büyüme Kredi Banka Arz Yönlü Hipotez Talep Takipli Hipotez

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA HACIİMAMOĞLU T, Pilatin A (2023). Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. , 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
Chicago HACIİMAMOĞLU TUNAHAN,Pilatin Abdulmuttalip Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. (2023): 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
MLA HACIİMAMOĞLU TUNAHAN,Pilatin Abdulmuttalip Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. , 2023, ss.208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
AMA HACIİMAMOĞLU T,Pilatin A Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. . 2023; 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
Vancouver HACIİMAMOĞLU T,Pilatin A Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. . 2023; 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
IEEE HACIİMAMOĞLU T,Pilatin A "Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis." , ss.208 - 230, 2023. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
ISNAD HACIİMAMOĞLU, TUNAHAN - Pilatin, Abdulmuttalip. "Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis". (2023), 208-230. https://doi.org/10.15659/3.sektor-sosyal-ekonomi.23.02.1974
APA HACIİMAMOĞLU T, Pilatin A (2023). Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. Üçüncü Sektör Sosyal Ekonomi, 58(1), 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
Chicago HACIİMAMOĞLU TUNAHAN,Pilatin Abdulmuttalip Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. Üçüncü Sektör Sosyal Ekonomi 58, no.1 (2023): 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
MLA HACIİMAMOĞLU TUNAHAN,Pilatin Abdulmuttalip Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. Üçüncü Sektör Sosyal Ekonomi, vol.58, no.1, 2023, ss.208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
AMA HACIİMAMOĞLU T,Pilatin A Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. Üçüncü Sektör Sosyal Ekonomi. 2023; 58(1): 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
Vancouver HACIİMAMOĞLU T,Pilatin A Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis. Üçüncü Sektör Sosyal Ekonomi. 2023; 58(1): 208 - 230. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
IEEE HACIİMAMOĞLU T,Pilatin A "Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis." Üçüncü Sektör Sosyal Ekonomi, 58, ss.208 - 230, 2023. 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
ISNAD HACIİMAMOĞLU, TUNAHAN - Pilatin, Abdulmuttalip. "Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis". Üçüncü Sektör Sosyal Ekonomi 58/1 (2023), 208-230. https://doi.org/10.15659/3.sektor-sosyal-ekonomi.23.02.1974