IDEAS home Printed from https://ideas.repec.org/a/acc/malfin/v35y2020i113p119-138.html
   My bibliography  Save this article

Testing the Relationship Between Financial Liberalization and Industrial Production With Fourier Based Approaches: The Case of Turkey

Author

Listed:
  • Selim Güngör

    (Tokat Gazi̇osmanpaşa University)

  • Emrah Şahin

    (Hi̇ti̇t University)

  • Süleyman Serdar Karaca

    (Tokat Gazi̇osmanpaşa Üni̇vesi̇tesi̇)

Abstract

The purpose of this study is to put forward the long term and causality relationship between financial liberalization and industrial production by the period 2005q1-2018q3 for turkey with fourier based approaches. Finaly, it has been determined that there is not a long-run relationship between variables. In addition, it has been concluded that there are bidirectional causality relationship between stock market value/ gdp ratio and weighted average interest rate applied to commercial credits with industrial production and that there are unidirectional relationship from m2/gdp ratio to industrial production and from industrial production to cash credits applied to industry sector/gdp ratio.

Suggested Citation

  • Selim Güngör & Emrah Şahin & Süleyman Serdar Karaca, 2020. "Testing the Relationship Between Financial Liberalization and Industrial Production With Fourier Based Approaches: The Case of Turkey," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 35(113), pages 119-138, April.
    • Handle: RePEc:acc:malfin:v:35:y:2020:i:113:p:119-138
    DOI: https://doi.org/10.33203/mfy.570314
    as

    Download full text from publisher

    File URL: https://dergipark.org.tr/tr/download/article-file/1087764
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.33203/mfy.570314?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Financial Liberalization; Industrial Production; Fourier Cointegration Test;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acc:malfin:v:35:y:2020:i:113:p:119-138. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Süleyman Kale (email available below). General contact details of provider: https://dergipark.org.tr/en/pub/mfy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.