Agricultural Supports and Financial Development Relation: An Empirical Application


Karaoğlan S., Yıldırım N. T. , Torusdağ M., Barut A., Balıkçı H. C.

International Journal of Humanities and Social Science Invention, vol.6, no.11, pp.62-67, 2017 (Peer-Reviewed Journal)

  • Publication Type: Article / Article
  • Volume: 6 Issue: 11
  • Publication Date: 2017
  • Journal Name: International Journal of Humanities and Social Science Invention
  • Journal Indexes: EBSCO Education Source
  • Page Numbers: pp.62-67

Abstract

The purpose of this study is to examine the relationship between financial development and agricultural support for the period 1986-2015 with a new method of asymmetric causality analysis. For this purpose, the stability of the variables and the appropriate delay length were determined and Hecker- Hatemi (2006) conducted a symmetric causality analysis and as a result no causality was found. Then, the relationship between financial development and agricultural supports was examined by Hatemi-J (2012) asymmetric causality relation. As a result; one-way causality from financial supports to financial development has been found among the negative components of the variables. 

Keywords: Financial Development, Agricultural Supports, Asymmetric Causality Analysis