THE NEXUS BETWEEN INCOME INEQUALITY, INTERNATIONAL REMITTANCES AND ECONOMIC GROWTH IN TURKEY

  • Buhari DoÄŸan Suleyman Demirel Universty SDU Economics ısparta, Turkey, TR
  • Muhlis Can Hakkari University Hakkari University, Economics and Finance, Hakkari, Turkey, TR
  • Osman DeÄŸer Suleyman Demirel Universty SDU Economics ısparta, Turkey,TR.
Keywords: Income Inequality, Remittances, Economic Growth, ARDL Bounds Testing

Abstract

In this study, the relationship between income inequality, remittances and economic growth in Turkey are analyzed using the annual data for 1977-2014 period. The ARDL method and Granger causality tests are used for this analysis. The empirical findings of the research suggest that the series are cointegrated and they move together in long-term. Also, income inequality and international remittances contribute to economic growth both in the long and short-term. The results of the Granger causality test show that there is a unidirectional causality running from economic growth to remittances and from remittances to income inequality

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Published
2018-08-06