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DOI :10.26650/ISTJECON2021-1021608   IUP :10.26650/ISTJECON2021-1021608    Tam Metin (PDF)

The Effect of Sectoral Bank Loans on Economic Growth in Turkey

Tacinur Akça

In this study the effect of the loans extended by banks on the growth of the sector on a sectoral basis in the quarter of 2004Q1 and 2021Q2 in Turkey has been examined. The variables used as data in the study are real loans extended by banks to the construction, food, metal, personal loans, textile, transportation and wholesale retail sectors. The VAR method, the Johansen cointegration test and the Engle-Granger causality test were used as methods while performing the analysis. While analyzing whether the loans extended by banks to various sectors have a long-term relationship with growth with the Johansen cointegration test, the direction of these relations was determined with the Engle-Granger Causality test. Finally, the effect of shocks in sectoral loans on economic growth was evaluated by using impulse-response functions. The variables used were obtained from the CBRT (Banks Association of Turkey Risk Center). According to the Johansen cointegration test results, it was determined that there is cointegration between the data in the long term. According to the Engle-Granger test results, at the 10% significance level, there is a one-way causality relationship from GDP to transportation, personal loans and construction in the long run and there is a unidirectional causality relationship in the long run from the metal sector to GDP.

JEL Classification : E51 , O47 , C32

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Referanslar

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APA

Akça, T. (2019). The Effect of Sectoral Bank Loans on Economic Growth in Turkey. İstanbul İktisat Dergisi, 0(0), -. https://doi.org/10.26650/ISTJECON2021-1021608


AMA

Akça T. The Effect of Sectoral Bank Loans on Economic Growth in Turkey. İstanbul İktisat Dergisi. 2019;0(0):-. https://doi.org/10.26650/ISTJECON2021-1021608


ABNT

Akça, T. The Effect of Sectoral Bank Loans on Economic Growth in Turkey. İstanbul İktisat Dergisi, [Publisher Location], v. 0, n. 0, p. -, 2019.


Chicago: Author-Date Style

Akça, Tacinur,. 2019. “The Effect of Sectoral Bank Loans on Economic Growth in Turkey.” İstanbul İktisat Dergisi 0, no. 0: -. https://doi.org/10.26650/ISTJECON2021-1021608


Chicago: Humanities Style

Akça, Tacinur,. The Effect of Sectoral Bank Loans on Economic Growth in Turkey.” İstanbul İktisat Dergisi 0, no. 0 (Jun. 2022): -. https://doi.org/10.26650/ISTJECON2021-1021608


Harvard: Australian Style

Akça, T 2019, 'The Effect of Sectoral Bank Loans on Economic Growth in Turkey', İstanbul İktisat Dergisi, vol. 0, no. 0, pp. -, viewed 30 Jun. 2022, https://doi.org/10.26650/ISTJECON2021-1021608


Harvard: Author-Date Style

Akça, T. (2019) ‘The Effect of Sectoral Bank Loans on Economic Growth in Turkey’, İstanbul İktisat Dergisi, 0(0), pp. -. https://doi.org/10.26650/ISTJECON2021-1021608 (30 Jun. 2022).


MLA

Akça, Tacinur,. The Effect of Sectoral Bank Loans on Economic Growth in Turkey.” İstanbul İktisat Dergisi, vol. 0, no. 0, 2019, pp. -. [Database Container], https://doi.org/10.26650/ISTJECON2021-1021608


Vancouver

Akça T. The Effect of Sectoral Bank Loans on Economic Growth in Turkey. İstanbul İktisat Dergisi [Internet]. 30 Jun. 2022 [cited 30 Jun. 2022];0(0):-. Available from: https://doi.org/10.26650/ISTJECON2021-1021608 doi: 10.26650/ISTJECON2021-1021608


ISNAD

Akça, Tacinur. The Effect of Sectoral Bank Loans on Economic Growth in Turkey”. İstanbul İktisat Dergisi 0/0 (Jun. 2022): -. https://doi.org/10.26650/ISTJECON2021-1021608



ZAMAN ÇİZELGESİ


Gönderim10.11.2021
Kabul25.12.2021
Çevrimiçi Yayınlanma15.04.2022

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