EXAMINING THE ROLE OF CREDIT VOLUME ON ECONOMIC GROWTH: THE CASE OF TURKEY

In this study, the relationship between the volume of domestic credit by deposit banks and the gross domestic product in turkey was analyzed using quarterly data for the period 1998-2012. for this aim, gregory-hansen cointegration test, granger causality test and zivot-andrews unit root test that enables the structural break, were performed. as a result of the analysis, it was concluded that each of them was first-order stationary series and there was no long-run relationship between them. after performing the granger causality test, it was found that there was no causal relationship between two series.