International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1179
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Assoc. Prof. Dr. Utku Altunöz
Session : 6E Kalkınma I
Analysing the Relationships between Financial Development and Income Inequality in Turkey as a Parallel of Kuznet Curve
Kuznet Eğrisi Bağlamında Türkiye’de Finansal Gelişme ve Gelir Eşitsizliği İlişkisinin Analizi
- Assoc. Prof. Dr. Utku Altunöz (Sinop University, Türkiye)
Abstract
Analysing the relationship between development and Gross Domestic Products (GDP) is one of the most important issue for economics. Kuznet claims that mentioned relationships between developing and GDP resemble as upside down U. In this paper, GINI, GDP, credit and trade variables were analysed by using ARDL bounding test for the period covering by 1991-2014. Obtained results of econometric model shows that credit in private sector, GDP per capita and trade variables play an important role to be eliminated of income inequality. Effect of trade variable is less compare with other variables. For Turkish Economy, 1% increase in private credits causes to a 0,044 % fall in income inequality for the estimated period. Alike, 1% increase in income causes to a 0.055 % fall in income inequality.
JEL codes: O16, D31, O16
Altunöz, Utku (2015). "Analysing the Relationships between Financial Development and Income Inequality in Turkey as a Parallel of Kuznet Curve" in Proceedings of International Conference of Eurasian Economies 2015, pp.871-875, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01179
