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The persistence of profits in the Turkish banking system

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  • Eralp Bektas
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    Abstract

    Most of the studies on persistency of profits investigate profit persistency in non-financial sectors. This study uses the panel data method to test for unit roots of profitability data and their persistency in the banking sector of an emerging country. Unit root hypothesis of data is rejected and concluded that in the long run persistency of profits does not exist.

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    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850500426178&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

    Volume (Year): 14 (2007)
    Issue (Month): 3 ()
    Pages: 187-190

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    Handle: RePEc:taf:apeclt:v:14:y:2007:i:3:p:187-190

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    Cited by:
    1. Alper Aslan & Kemal Koksal & Oguz Ocal, 2011. "Competitive Environment Hypothesis in Turkish Banking System," International Journal of Economics and Financial Issues, Econjournals, vol. 1(2), pages 74-77, June.
    2. John Goddard & Hong Liu & Phil Molyneux & John O.S. Wilson, 2010. "The Persistence of Bank Profit," Working Papers 10002, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).

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