Finansal Kalkınma ve Gelir Eşitsizliği: Türkiye Örneği, 1980–2012

Zafer Kanberoğlu and Mehmet Akif Arvas

Sosyoekonomi Journal, 2014, issue 21(21)

Abstract: This study investigates the impact of financial development on income inequality for the Turkish case, over the period 1980 through 2012. For this purpose, an ARDL (Autoregressive Distributed Lag) model is employed. According to the findings, while GDP per capita, inflation rate and private sector credits have reducing effects on income inequality; trade variable increases inequality at a low level. For the Turkish case, as for the effect of financial development on income inequality, it is found that a 1% increase in private sector credits, on average, leads to a 0.041% decrease in income inequality for the period under consideration. Therefore it is concluded that private sector credits make a positive contribution to the equity of income distribution in Turkey.

Keywords: Financial Development; Income Inequality; Turkey. (search for similar items in EconPapers)
JEL-codes: C32 D31 O16 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:140106

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