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Financial Inclusion and Economic Growth in Turkey: A Causality Analysis

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  • Mehmet Hilmi Özkaya

Abstract

The access to financial products and services by firms and individuals, in other words financial inclusions, is a significant determinant of economic growth. This study investigates the causality between financial inclusion indicators and economic growth in Turkey for the period of 1980-2019 through causality analysis. The causality analysis results reveal a insignificant interaction among financial institutions access, financial markets access, and economic growth.

Suggested Citation

  • Mehmet Hilmi Özkaya, 2022. "Financial Inclusion and Economic Growth in Turkey: A Causality Analysis," International Journal of Applied Business and Management Studies, BAUDER Press, vol. 7(1), pages 146-153, April.
    • Handle: RePEc:bau:ijabms:v:7:y:2022:i:1:id:216
    DOI: 10.68099/ijabms.2022.216
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    References listed on IDEAS

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