Analysis of the Relationships between Financial Development and Economic Growth through Romer’s Expanding Variety of Products Model: The Case of Turkey
In this article the relation between financial development and growth is examined with the help of the Romer model. In the model growth of the economy is sustained by consistent innovations and openings of new sectors that require large scale and long-term committed capital. We propose that only a w...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2016-05-01
|
| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353811?publisher=http-www-cag-edu-tr-ilhan-ozturk |