EconPapers    
Economics at your fingertips  
 

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

Abstract: 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)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.kspjournals.org/index.php/JEL/article/download/1176/1187 (application/pdf)
http://www.kspjournals.org/index.php/JEL/article/view/1176 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

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 ().

 
Page updated 2017-11-18
Handle: RePEc:ksp:journ5:v:4:y:2017:i:1:p:54-63