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Interdependence of the banking sector and the real sector: evidence from OECD countries
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Date
2008-01-01
Author
Şendeniz Yüncü, İlkay
Aydogan, Kursat
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This article investigates the validity of the credit view hypothesis in eleven OECD (Organization for Economic Cooperation and Development) countries over the period 1987:QI to 2003:QIII. The existence of a long-run relationship between the banking sector and the real sector is supported by cointegration test results. For some of the countries in the sample, Granger causality tests show the leading role of the banking sector in the real sector, thus supporting the credit view hypothesis, whereas for other countries, the same tests indicate no interdependence.
Subject Keywords
Economics and Econometrics
URI
https://hdl.handle.net/11511/46672
Journal
APPLIED ECONOMICS
DOI
https://doi.org/10.1080/00036840600735424
Collections
Department of Business Administration, Article
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İ. Şendeniz Yüncü and K. Aydogan, “Interdependence of the banking sector and the real sector: evidence from OECD countries,”
APPLIED ECONOMICS
, pp. 749–764, 2008, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/46672.