Determinants of domestic saving rate in Turkey: A new generation econometric analysis

Autor:	Ismet GOCER
Jazyk:	angličtina
Rok vydání:	2019
Předmět:	domestic saving rates determinants of saving frequency domain causality test Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XXVI, Iss 3, Pp 135-150 (2019)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	In this study, the determinants of domestic savings rate in Turkey are investigated by Johansen cointegration test and DOLS method for 1975-2018 periods. At the end of the analysis, the most important determinants of savings are found to be per capita income, real interest rates, inflation, employment and economic risk perception (gold prices). Error correction mechanisms of the models operate. The causality relationships between the variables are examined by Breitung and Candelon (2006) frequency domain causality test. While no causal relationship from real interests and gold prices to savings is determined, permanent causality from national income and employment to savings and temporary causality from inflation to savings are found.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/c704d18e27454f9098dd6736b3e13780 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF