RELATIONSHIP BETWEEN COMPETITION AND FINANCIAL DEVELOPMENT IN COUNTRIES: COMPARISON OF TURKEY-BRICS COUNTRIES

dc.contributor.authorBüyükoğlu, Burak
dc.contributor.authorŞİT, Ahmet
dc.contributor.authorBuyuran, Burcu
dc.date.accessioned2025-10-24T18:03:25Z
dc.date.available2025-10-24T18:03:25Z
dc.date.issued2023
dc.departmentMalatya Turgut Özal Üniversitesi
dc.description.abstractThe purpose of this study is to examine the impact of competition on the financial development of countries. For this purpose, Turkey, and BRICS countries (Brazil, Russia, India, China, South Africa) were selected as sample countries for the study. A 17-year dataset was created with country data from 2005 to 2021 as the time period. The competitiveness factor is included in the analysis as an independent variable, using data from the Global Competitiveness Index published by the World Bank. The indices of the most traded stocks on the stock exchanges, which represent the financial performance of countries, were used as the dependent variable. The methods used in the study were the Westerlund cointegration test, Augmented Mean Group (AMG) estimation and Common Correlated Effects (CCE) estimation. The analyzes conducted showed that competition has a positive and significant impact on the financial performance of the sample countries.
dc.identifier.doi10.14520/adyusbd.1231621
dc.identifier.endpage378
dc.identifier.issn1308-9196
dc.identifier.issn1308-7363
dc.identifier.issue43
dc.identifier.startpage356
dc.identifier.trdizinid1176586
dc.identifier.urihttps://doi.org/10.14520/adyusbd.1231621
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1176586
dc.identifier.urihttps://hdl.handle.net/20.500.12899/2210
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofAdıyaman Üniversitesi Sosyal Bilimler Enstitü Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzTR-Dizin_20251023
dc.subjectİşletme
dc.subjectAsya Çalışmaları
dc.subjectİktisat
dc.subjectFinancial Development
dc.subjectCompetition
dc.subjectBRICS Countries and Turkey
dc.subjectEstimators for Average Groups
dc.titleRELATIONSHIP BETWEEN COMPETITION AND FINANCIAL DEVELOPMENT IN COUNTRIES: COMPARISON OF TURKEY-BRICS COUNTRIES
dc.typeArticle

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