Buradasınız

A LITERATURE SURVEY ON THE RELATIONSHIP BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH

Journal Name:

Publication Year:

Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
Finalisai kalkınma ile ekonomik büyüme arasındaki ilişki, kalkınmakta olan ülkeler için oldukça önemli bir konudur. Konunun önemi filialisai aracılık fonksiyonlarına ve bu fonksiyonların ekonomik büyüme süreci üzerindeki etkilerine dayanmaktadır. Bu bağlamda, yıllardır pek çok ekonomist finalisai kalkınma ve ekonomik büyüme arasındaki ilişki ve bu ilişkinin yönü üzerine teorik ve ampirik çalışmalar yapmaktadır. Bundan dolayı, bu çalışma ilk etapta, finalisai kalkınma ile ekonomik büyüme arasındaki ilişkiyi daha iyi anlayabilmek için kavramsal bir çerçeve oluşturmakta ve ardından, çalışmaları dönemlerine ve araştırına alanlarına göre sınıflandırarak kapsamlı bir literatür taraması yapmaktadır.
Abstract (Original Language): 
The relationship between financial development and economic growth is a crucial issue for developing countries. The importance of this issue depends on the financial intermediation functions, and their effects on the economic growth process. In this sense, many economists have made theoretical and empirical studies on the relationship between financial development and economic growth and the direction of this relationship for years. Tlierefore, this study forms a conceptual framework in order to provide a better understanding of the relationship between financial development and economic growth as a first step, and then makes a comprehensive literature survey by classifying studies according to their time periods and research areas.
FULL TEXT (PDF): 
135-149

REFERENCES

References: 

Al-Yousif, Yousif Khalifa (2002). "Financial Development and Economic Growth: Another Look at the Evidence from Developing Countries", Review of Financial Economics, Vol.11, No.2, pp.131-150.
148
Arrow, Kenneth J. (1962). "The Economic Implications of Learning by Doing", The Review of Economic Studies, Vol.29, No.3, pp. 155-173.
Beck, Thorsten, Ross Levine, Norman Loayza (2000). "Finance and the Sources of Growth", Journal of Financial Economics, Vol.58, No. 1-2, pp.261-300.
Begg, David, Stanley Fischer, Rudiger Dornbusch (1994). Economics, 4th edition, London, McGraw-Hill Book Company.
Bencivenga, Valerie R., Bruce D. Smith (1992). "Deficits, Inflation, and the Banking System in Developing Countries: The Optimal Degree of Financial Repression", Oxford Economic Paper, Vol.44, No.4, pp.767-790.
Bencivenga, Valerie R., Bruce D. Smith (1991). 'Financial Intermediation and Endogenous Growth", Review of Economic Studies, Vol.58, No.2, pp. 195-209.
Berthélemy,
Jean-Claude
, Aristoméne Varoudakis (1996). Financial Development Policy and Growth, Paris, Development Centre of The Organisation for Economic Co-operation and Development.
Buffie, Edward F. (1984). 'Financial Repression, the New Structuralists, and Stabilization Policy in Semi-Industrialized Economies", Journal of Development Economics, Vol.14, No.3, pp.305-322.
Calderón, César,
Li
n Liu (2003). "The Direction of Causality between Financial Development and Economic Growth", Journal of Development Economics, Vol.72, No.l, pp.321-334.
Demirgtic-Kunt, Ash, Ross Levine (1993). "Stock Market Development and Financial Intermediary Growth: A Research Agenda", World Bank Policy Research Working Paper, No.l 159, World Bank.
Dernirgiic-Kunt, Ash, Ross Levine (1995). "Stock Market Development and Financial Intermediaries: Stylized Facts", World Bank Policy Research Working Paper, No. 1462, World Bank.
Selma ÖNER
Goldsmith, Raymond W. (1969). Financial Structure and Development, New Haven and London, Yale University Press.
Greenwood, Jeremy, Boyan Jovanovic (1990). 'Financial Development, Growth and the Distribution of Income", Journal of Political Economy, Vol.98, No.5, Part.l, pp.1076-1107.
Greenwood, Jeremy, Bruce Smith (1997). 'Financial Markets in Development, and the Development of Financial Markets", Journal of Economic Dynamics and Control, Vol.21, No.l, pp. 145¬181.
Hicks, John (1969). A Theory of Economic History, Oxford, Clarendon Press.
Kar, Muhsin, Mehmet Tunçer (1990). 'Finansal Kalkınma ve Ekonomik Büyüme: Teorik Görüşler, Ampirik Sonuçlar ve Yeni Gelişmeler", Uludağ Üniversitesi İİBF Dergisi, Vol. 17, No.3.
King, Robert G., Ross Levine (1993). 'Finance and Growth: Schumpeter Might Be Right", Quarterly Journal of Economics, Vol.108, No.3, pp.717-737.
La Porta, Rafael, et.al. (1998). "Law and Finance", Journal of Political Economy, Vol.106, No.6, pp.1113-1155.
Levine, Ross (1999). "Law, Finance, and Economic Growth", Journal of Financial Intermediation, Vol.8, No.1-2, pp.8-35.
Levine, Ross (1997). 'Financial Development and Economic Growth: Views and Agenda", Journal of Economic Literature, Vol.35, No.2, pp.688-726.
Levine, Ross (1991). "Stock Markets, Growth, and Tax Policy", Journal of Finance, Vol.46, No.4, pp. 1445-1465.
Lewis, W. Arthur (1954). "Economic Development with Unlimited Supplies of Labor", The Manchester School, Vol.22, pp.139-191.
McKinnon, Ronald I. (1973). Money and Capital in Economic Development, Washington, D.C., The Brookings Institution.
A Literature Survey on the Relationship Betweeen Financial Development and Economic Growth
149
Mishkin, Frederic S. (1998). The Economics of Money, Banking, and Financial Markets, 5th
edition, New York, Addison-Wesley Longman Inc.
Obstfeld, Maurice (1994). "Risk-Taking, Global Diversification, and Growth", American Economic Review, Vol.84, No.5, pp. 1310¬1329.
Oksay, Suna (2005). 'Finansal Piyasalarda Yeni Yasal Düzenlemeler (Reregulation) İhtiyacı ve Türk Finans Sistemi", (Çevirimiçi)
http ://w ww.econturk.org/Tiirki yeekonomisi, June 01, 2005.
Ökte, M. Kutluğhan Savaş (2001). 'Finansal Piyasalarda Asimetrik Enformasyon Problemi: Temel Kavramlar, Literatür ve Çözüm Önerileri", Uludağ Üniversitesi IİBF Dergisi, Vol.l9,No.l-2.
Patrick, Hugh T. (1966). 'Financial Development and Economic Growth in Underdeveloped Countries", Economic Development and Cultural Change, Vol.14, No.2, pp. 174-189.
Rebelo, Sergio (1991). "Long-Run Policy Analysis and Long-Run Growth", The Journal of Political Economy, Vol.99, No.3, pp.500-521.
Robinson, Joan (1952). The Rate of Interest and Other Essays, London, MacMillan&Co. Ltd.
Romer, Paul M.(1990). 'Endogenous Technological Change", Journal of Political Economy, Vol.98, No.5, Part.2, pp.71-102.
Romer, Paul M.(1986). "Increasing Returns and Long-Run Growth", Journal of Political Economy, Vol.94, No.5, pp. 1002-1037.
Roubini, Nouriel, Xavier Sala-i-Martin (1995). "A Growth Model of Inflation, Tax Evasion, and Financial Repression, Journal of Monetary Economics, Vol.35, No.2, pp.275-301.
Schumpeter, Joseph A.(1951). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle, 1911, trans, by Redvers Opie, 4th edition, Cambridge, Massachusetts, Harvard University Press.
Shaw, Edward S. (1973). Financial Deepening in Economic Development, London, Oxford University Press.
Simen, Selma
(2005)
. 'Financial Development and Economic Growth: The Case of Turkey", İstanbul Üniversitesi Sosyal Bilimler Enstitüsü İngilizce İktisat Yüksek Lisans Programı, Yüksek Lisans Tezi.
Stiglitz, Joseph (1998). 'The Role of the Financial System in Development", Presentation at the Fourth Annual Bank Conference on Development in Latin America and the Caribbean, San Salvador, El Salvador.
Taylor, Lance (1983). Structuralist Macroeconomics: Applicable Models for the Third World, New
York, Basic Books, Inc.
Tobin, James (1965). "Money and Economic Growth", Econometrica, Vol.33, No.4, pp.671-684.

Thank you for copying data from http://www.arastirmax.com