TY  - JOUR
TI  - Investigating the Relationship between Economic Growth and Loans by the Provinces of Turkey: Empirical Evidence from Panel Causality Analysis
AB  - 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.
AU  - HACIİMAMOĞLU, TUNAHAN
AU  - Pilatin, Abdulmuttalip
DO  - 10.15659/3.sektor-sosyal-ekonomi.23.02.1974
PY  - 2023
JO  - Üçüncü Sektör Sosyal Ekonomi
VL  - 58
IS  - 1
SN  - 2148-1237
SP  - 208
EP  - 230
DB  - TRDizin
UR  - http://search/yayin/detay/1160367
ER  -