 Determining the Relationships Between Domestic Credits, Economic Growth and Inflation in Turkiye by Nonlinear Cointegration AnalysisYusuf Tuna, Ayca Doganer and Guldenur Cetin Journal of BRSA Banking and Financial Markets, 2022, vol. 16, issue 2, 173-187 Abstract: The aim of this study is to determine the relationship between GDP and inflation and domestic loans given by banks to the private sector by using time series models. In this study, in which the 1972-2020 annual data for Turkiye were used, Harvey et al. (2008) Harvey and Leybourne (2007) linearity tests, traditional unit root tests for linearly determined series and Kapetanios, Shin and Snell (2003) (KSS) unit root tests for nonlinear series were performed. After the series were determined to be stationary, Kapetanios, Shin and Snell (KSS) (2006) cointegration test was performed. According to the results of the analysis, no cointegrated relationship was found between the GDP and inflation and domestic loans given by banks to the private sector in Turkiye. As a result, it can be said that there is no pass-through effect on GDP and inflation rates as a result of the increase/decrease in loans given by banks to the private sector in Turkiye. Keywords: Domestic Loans; GDP; Inflation; Linearity Test; Nonlinear Cointegration Analysis. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bdd:journl:v:16:y:2022:i:2:p:173-187 Access Statistics for this article More articles in Journal of BRSA Banking and Financial Markets from Banking Regulation and Supervision Agency Contact information at EDIRC. |
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