期刊名称：Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
印刷版ISSN：1301-3688
电子版ISSN：2630-6409
出版年度：2021
期号：58
页码：367-398
DOI：10.18070/erciyesiibd.871710
语种：Turkish
出版社：Erciyes University
摘要：This study deals with the relationship between population aging and economic growth in Turkey during 1970-2018 and includes domestic savings, consumption expenditures, and financial development in the growth specification as additional variables. The Johansen and ARDL bounds test for cointegration analysis were used. Moreover, DOLS and CCR estimators were used to estimate the long-run coefficients. The VECM causality procedure was employed for causality analysis. The findings revealed that the variables are cointegrated. The findings showed that population aging, and financial development negatively affected economic growth while domestic savings and consumption expenditures were positively related to economic growth in the long-run. The findings also indicated that bidirectional causality exists between all the independent variables and economic growth in the long-run. Therefore, this study can provide several policy implications to speed economic growth in the Turkish economy.
