Does Social Capital Have an Effect on Industry Production in G7 Countries? Causality Analysis
Oktay Kizilkaya (),
Murat Çetýnkaya () and
Emrah Sofuoðlu ()
Additional contact information
Oktay Kizilkaya: Ahi Evran University, Faculty of Economics and Administrative Sciences, Department of Economics, Kýrþehir, Turkey.
Murat Çetýnkaya: Gazi University, School of Banking and Insurance, Department of Banking, Ankara, Turkey.
Emrah Sofuoðlu: Ahi Evran University, Faculty of Economics and Administrative Sciences, Department of Economics, Kýrþehir, Turkey.
Journal of Economics Library, 2017, vol. 4, issue 1, 54-63
The relationship between social capital and economic growth has become an attractive research area in the literature recently. In this context, this paper examines the relationship between social capital indicators and industry production in the period of 2006-2014 with monthly data for the G7 countries. For empirical analysis, panel causality analysis method developed by Dumitrescu & Hurlin (2012) was used. Results indicate that there is a bidirectional relationship between social capital indicators and industry production. These findings support feedback hypothesis in the context of social capital and economic growth in the G7 countries.
Keywords: Social capital; Industry production; Economic growth; Panel causality; G7 Countries. (search for similar items in EconPapers)
JEL-codes: F63 J24 O47 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ksp:journ5:v:4:y:2017:i:1:p:54-63
Access Statistics for this article
Journal of Economics Library is currently edited by Bilal KARGI
More articles in Journal of Economics Library from KSP Journals Istanbul, Turkey.
Series data maintained by Bilal KARGI ().