Economic Growth And Financial Indicators Connection

Economic Growth And Financial Indicators Connection

Mustafa , Öztürk

Real macro economic factors have always been accepted as main determinants of nations’ economies’. However, the development of financial markets and the rise of financial activities in globalizing world economies have led financial actors to affect nations’ economies’ more and more everyday. With the rise of liberalization process after 1980, the influences of financial developments rised in Turkey, too. In today’s world, the effects of financial factors on Turkish economy is more evident than any time. In this study, with the aim of detecting the effects of financial factors on Turkish economy, the relations between financial data as Exchange rates, interest rates and IMKB 100 index and economic growth has been analysed. Keywords: financial data, exchange rates, interest rates, economic growth, Vector Auto Regression Model (V.A.R).

Conference or Workshop Item
PeerReviewed

2012-05-31

1350