Theoretical and Applied Economics
No. 3 / 2019 (620), Autumn
Determinants of domestic saving rate in Turkey: A new generation econometric analysis
Aydin Adnan Menderes University, Turkey
Abstract. 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.
Keywords: domestic saving rates; determinants of saving; frequency domain causality test.
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Contents
- The main factors of economic growth in the European Union
Amalia CRISTESCU
Gabriela TÎLVĂR
- Currency risk management model
Constantin ANGHELACHE
Mădălina Gabriela ANGHEL
Dana Luiza GRIGORESCU
- Assessing the performance of Pillar II in Romania – time
weighted versus money weighted rate of return
Bogdan Andrei DUMITRESCU
Andreea Elena DRAGHIA
- Does democracy increase total tax revenues?
The case of selected OECD countries
Günay ÖZCAN
İbrahim ÖZMEN
- An evaluation of the turnover tax system in South Africa
Danie SCHUTTE
Danelle LABUSCHAGNE
Maria-Andrada GEORGESCU
Cornelia POP
- Sensitivity of bankruptcy prediction models
to the change in econometric methods
Bhanu Pratap SINGH
Alok Kumar MISHRA
- Risk management associated
with the interbank relationships
Cristian ANGHEL
- Challenging the status quo:
Steel producer case study on the enterprise value for M&A
Mădălina Viorica MANU
Ilie VASILE
- International Financial Markets
face to face with Artificial Intelligence and Digital Era
Narcisa Roxana MOȘTEANU
- A behavioral model of failure in business
Cristina Mariana ENE (VASILE)
Cosmin VIZINIUC
Alexandru TAŞNADI
- Relationship between mortality and financial crisis.
The case of Greece
Dimitrios DAPONTAS
- Profit management in the case of financial distress
and global volatile market behaviour:
Evidence from Borsa Istanbul Stock Exchange
Tuğba KAYHAN
Temur KAYHAN
Engin YARBAŞI
- Insurance consumption in the Maghreb countries
(Algeria, Morocco and Tunisia):
Financial and institutional determinants
Dalila BENZIANE
Qasim SHAH
- Non-linear finance-growth nexus for African countries:
A panel smooth transition regression approach
Mustapha JOBARTEH
Huseyin KAYA
