Financial Inclusion and Economic Growth in Turkey: A Causality Analysis

Mehmet Hilmi Özkaya
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Mehmet Hilmi Özkaya: Usak University

International Journal of Applied Business and Management Studies, 2022, vol. 7, issue 1, 146-153

Abstract: The access to financial products and services by firms and individuals, in other words financial inclusions, is a significant determinant of economic growth. This study investigates the causality between financial inclusion indicators and economic growth in Turkey for the period of 1980-2019 through causality analysis. The causality analysis results reveal a insignificant interaction among financial institutions access, financial markets access, and economic growth.

Keywords: financial institutions access; financial market access; economic growth; causality analysis (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bau:ijabms:v:7:y:2022:i:1:id:216

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