Financial Inclusion and Economic Growth in Turkey: A Causality Analysis
Keywords:
financial institutions access, financial market access, economic growth, causality analysisAbstract
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.
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