{"id":2723,"date":"2014-04-21T21:26:16","date_gmt":"2014-04-21T18:26:16","guid":{"rendered":"http:\/\/www.berjournal.com\/?p=2723"},"modified":"2014-04-21T21:26:16","modified_gmt":"2014-04-21T18:26:16","slug":"an-empirical-analysis-of-the-relations-among-consumer-expenditures-consumption-credits-and-consumer-confidence-in-turkish-economy","status":"publish","type":"post","link":"https:\/\/www.berjournal.com\/tr\/an-empirical-analysis-of-the-relations-among-consumer-expenditures-consumption-credits-and-consumer-confidence-in-turkish-economy","title":{"rendered":"An Empirical Analysis of the Relations among Consumer Expenditures, Consumption Credits and Consumer Confidence in Turkish Economy"},"content":{"rendered":"<table width=\"534\" cellspacing=\"0\" cellpadding=\"7\">\n<colgroup>\n<col width=\"544\" \/><\/colgroup>\n<tbody>\n<tr>\n<td style=\"border-width: 1px medium; border-style: solid none; border-color: #0188a6 currentColor; padding: 0cm;\" valign=\"TOP\" bgcolor=\"#0188a6\" width=\"544\" height=\"15\">\n<p class=\"western\" style=\"margin-top: 0.21cm;\"><span style=\"color: #ffffff;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Article Information<\/b><\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-width: 1px medium; border-style: solid none; border-color: #0188a6 currentColor; padding: 0cm;\" valign=\"TOP\" bgcolor=\"#ffffff\" width=\"544\">\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Journal:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">Business and Economics Research Journal<\/span><\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Title of Article:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\">An Empirical Analysis of the Relations among Consumer Expenditures, Consumption Credits and Consumer Confidence in Turkish Economy <\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Author(s):<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"> Ibrahim Arisoy, Cengiz Aytun<\/span><\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Volume:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"> 5<\/span><\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Number:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"> 2<\/span><\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Year:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"> 2014<\/span><\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm; margin-bottom: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Page:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">33-45<\/span><\/span><\/p>\n<p class=\"western\" style=\"margin-top: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>ISSN:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">1309-2448<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-width: 1px medium; border-style: solid none; border-color: #0188a6 currentColor; padding: 0cm;\" bgcolor=\"#0188a6\" width=\"544\" height=\"16\">\n<p class=\"western\" style=\"margin-top: 0.11cm;\"><span style=\"color: #ffffff;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Abstract <\/b><\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-width: 1px medium; border-style: solid none; border-color: #0188a6 currentColor; padding: 0cm;\" valign=\"TOP\" bgcolor=\"#ffffff\" width=\"544\">\n<p class=\"western\" style=\"margin-top: 0.11cm;\" align=\"JUSTIFY\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">This paper investigates the relationship among consumer credits, interest rates, consumer confidence and consumption expenditures in Turkey by using the Toda-Yamamoto (1992) Granger-causality approach and regression analysis over the period 2005:1-2012:8. The empirical results based on the causality test show that consumer confidence, interest rate and consumer credits play an important role in explaining and predicting household consumption expenditures. Furthermore, the ordinary regression results reveal that there are statistically significant positive relations among consumer confidence, consumer credits and household consumption expenditures in the Turkish economy.<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-width: 1px medium; border-style: solid none; border-color: #0188a6 currentColor; padding: 0cm;\" valign=\"TOP\" bgcolor=\"#ffffff\" width=\"544\">\n<p class=\"western\" style=\"margin-top: 0.11cm;\" align=\"JUSTIFY\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>Keywords:<\/b><\/span><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">Consumer confidence index, consumption expenditures, consumption credits, granger causality<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-width: 1px medium; border-style: solid none; border-color: #0188a6 currentColor; padding: 0cm;\" valign=\"TOP\" bgcolor=\"#ffffff\" width=\"544\">\n<p class=\"western\" style=\"margin-top: 0.11cm;\"><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\"><b>JEL Classification<\/b><\/span><\/span><\/span><span style=\"color: #0188a6;\"><span style=\"font-family: Arial, serif;\"><b>:<\/b><\/span><\/span><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">C23, C32, D12, E17<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><table style=\"border: 0px solid #CCC;\" cellpadding=\"3\" width=\"100%\">\r\n  <tr>\r\n    <td width=\"35\">\r\n      <img decoding=\"async\" src=\"https:\/\/www.berjournal.com\/tr\/wp-content\/uploads\/icons\/pdf.gif\" alt=\"https:\/\/www.berjournal.com\/tr\/wp-content\/uploads\/icons\/pdf.gif\" width=20 height=18>\r\n    <\/td>\r\n    <td>\r\n      <b> \r\n<a href=\"https:\/\/www.berjournal.com\/tr\/?file_id=220\">Tam Metin\r\n<\/b> ( <span style=\"font-weight:bolder;\">\u2193<\/span> 3548)<\/a>    <\/td>\r\n  <\/tr>\r\n<\/table><\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_2723\" class=\"pvc_stats all  \" data-element-id=\"2723\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.berjournal.com\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Article Information Journal:Business and Economics Research Journal Title of Article:An Empirical Analysis of the Relations among Consumer Expenditures, Consumption Credits and Consumer Confidence in Turkish Economy Author(s): Ibrahim Arisoy, Cengiz Aytun Volume: 5 Number: 2 Year: 2014 Page:33-45 ISSN:1309-2448 Abstract This paper investigates the relationship among consumer credits, interest rates, consumer confidence and consumption expenditures [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_2723\" class=\"pvc_stats all  \" data-element-id=\"2723\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.berjournal.com\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-2723","post","type-post","status-publish","format-standard","hentry","category-manuscript","category-manuscript2"],"a3_pvc":{"activated":true,"total_views":95,"today_views":0},"_links":{"self":[{"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/posts\/2723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/comments?post=2723"}],"version-history":[{"count":0,"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/posts\/2723\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/media?parent=2723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/categories?post=2723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.berjournal.com\/tr\/wp-json\/wp\/v2\/tags?post=2723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}