Yazarlar |
Prof. Dr. Deniz ÖZYAKIŞIR
Kafkas Üniversitesi, Türkiye |
Dr. Öğr. Üyesi Murat AKÇA
Türkiye |
Dr. Öğr. Üyesi Serhat ÇAMKAYA
Türkiye |
Özet |
The purpose of this study is to reveal the long- and short-term asymmetric effects of remittance, economic growth and inflation on Turkey's financial development using the 1974–2019 period data. For this purpose, long- and short-term asymmetric effects were investigated with the non-linear autoregressive distributed lag (NARDL) model. NARDL findings revealed that there are long- and short-term asymmetrical relationships among variables. Long-term findings show that increases in remittances and economic growth increased financial development, but increases in inflation reduced financial development. The short-term findings show that increases in remittances, economic growth and inflation increased financial development. In addition to ensuring macroeconomic stability, policy makers in Turkey should formulate regulations that encourage remittance entry in order to attract more remittances to the country and channel them into the financial system. |
Anahtar Kelimeler |
Economic growth | financial development | international migration |
Makale Türü | Özgün Makale |
Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale |
Dergi Adı | JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT |
Dergi ISSN | 0963-8199 |
Dergi Tarandığı Indeksler | SSCI |
Dergi Grubu | Q2 |
Makale Dili | Türkçe |
Basım Tarihi | 05-2024 |
Cilt No | 33 |
Sayı | 4 |
Sayfalar | 598 / 617 |
Doi Numarası | 10.1080/09638199.2023.2203784 |
Makale Linki | http://dx.doi.org/10.1080/09638199.2023.2203784 |