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TÜRKİYE’DE BANKACILIK SEKTÖRÜ KREDİLERİNİN NET KOBİ OLUŞUMUNA ETKİSİ

Year 2022, Issue: 2, 345 - 364, 29.04.2022
https://doi.org/10.51551/verimlilik.869730

Abstract

Amaç: Bu çalışma bankacılık sektörü kredilerinin Türkiye'deki küçük ve orta ölçekli işletmelerin büyümesi üzerindeki etkilerini incelemektedir. Çalışmanın temel amacı, bölgesel, şehirsel ve sektörel temelde; net Küçük ve Orta Büyüklükteki İşletme (KOBİ) oluşumuna kamu-sermayeli banka grubu veya kamu dışı-sermayeli banka grubu kredilerinin önemli etkisinin olduğunu araştırmaktır.

Yöntem: Çalışmada, yöntemin parçası olarak, Panel Eşbütünleşme Modeline ulaşmak için 2010-2019 çeyrek verileri toplanmış ve kullanılmıştır.

Bulgular: Formüle edilen hipotezler, kamu dışı sermayeli banka kredilerinin Türkiye'deki küçük ve orta ölçekli işletmelerin büyümesi üzerinde önemli etkisi olduğunu ortaya koymaktadır. İstatistiksel bölge bölümleme, şehir bölümleme ve sektörel bölümleme için kamu dışı sermayeli banka grubu kredi katsayısı kamu sermayeli banka grubuna göre daha yüksektir. LPCT (kamu dışı sermayeli banka grubu şehir bazlı logaritmik toplam krediler) değişkeni LSCT (kamu sermayeli banka grubu şehir bazlı logaritmik toplam krediler) değişkeninden daha yüksek katsayıya sahiptir.

Özgünlük: Literatür taraması sırasında; aynı değişkenlere sahip çalışmaya rastlanmamıştır. Bu çalışmanın literatürdeki bir boşluğu doldurması beklenmektedir.

References

  • Alıcıoglu, Y. (2020). “Turkey Bank Loans Effect on Net SME Formation”, Doctorate Thesis, Baskent University, Institute of Social Sciences, Ankara.
  • Alıcıoglu, Y and Kucukkocaoglu, G. (2020). “Effects of Bank Credit on Industrial Performance in Turkey”, World Finance Banking Symposium, 34-35.
  • Apan, M. and Islamoglu, M. (2014). “Financial Management in SMEs”, International Journal of Science Culture and Sport, SI (1), 208-218.
  • Berger, A., and Udell, G. (2006). “A More Complete Conceptual Framework for SME Finance”, Journal of Banking & Finance, 30(11), 2945-2966.
  • BRSA, Banking Regulation and Supervision Agency (2020). “Monthly Banking Sector Data”, https://www.bddk.org.tr/BultenAylik/en, (Accessed Date: 25.05.2020).
  • Cernohorsky, J. (2017). “Types of Bank Loans and their Impact on Economic Development: A Case Study of Czech Republic”, Economics and Management, 20(4), 34-48.
  • Cetorelli, N. and Gambera, M., (2001). “Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data”, The Journal of Finance, 56(2), 617-648.
  • Ceylan A. and Korkmaz T. (2012). “İşletmelerde Finansal Yönetim”, Ekin Yayınevi, Bursa.
  • De la Torre, A., Peria, M.S., and Schmukler, S.L. (2010). “Bank involvement with SMEs: Beyond Relationship Lending”, Journal of Banking & Finance, 34(9), 2280-2293.
  • Demirci, N.S., (2017). “İmalat Sanayi Sektöründe Üretim ve Banka Kredileri İlişkisi: Türkiye için Eşbütünleşme ve Nedensellik Analizi”, Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 19(1), 35-61.
  • Drozdowska, M.I., Bongini, P., Smaga, P. and Witkowski, B. (2019). “The Role of Banks in CESEE Countries: Exploring Non-Standard Determinants of Economic Growth”, Post-Communist Economies, 31(3), 349-382.
  • Green, A. (2003). “Credit Guarantee Schemes for Small Enterprises: An Effective Instrument to Promote Private Sector-Led Growth?”, SME Technical Working Paper Series, UNIDO Working Paper, 1-88.
  • Hacıevliyagil, N. and Eksi, I.H. (2019). “A Micro Based Study on Bank Credit and Economic Growth: Manufacturing Sub-Sectors Analysis”, South East European Journal of Economics and Business, 14(1), 72-91.
  • John, S.A. ve Lawal R.Y. (2019). “Impact of Sectoral Allocation of Banks’ Credit on Economic Growth in Nigeria”, International Journal of Accounting and Finance, 8(2), 96-113.
  • Karahan, Ö., Yılgör, M., and Ozekin, A.A. (2018). “The Relationship Between Bank Credits and Economic Growth in Turkey”, Finans Politik ve Ekonomik Yorumlar, 55(636), 25-36.
  • Koç, S. (2015). “Türkiye’deki Bankaların Sektörler Bazında Kullandırdıkları Krediler ile Ekonomik Büyüme Arasındaki İlişki: 1999-2011”, Muhasebe ve Finansman Dergisi, Temmuz 2015,135-156.
  • Kucukkocaoglu, G. and Daver, G. (2019). “Turkish Banking Sector Performance Analyses”, KAUJEASF, 10(19), 382-402.
  • Leitao, N.C. (2012). “Bank Credit and Economic Growth: A Dynamic Panel Data Analysis”, The Economic Research Guardian, 2(2), 256-267.
  • Mahmud, S.F. and Akın, T. (2019). “SME’s Access to Finance and Choice of Capital Structure in Turkey”, Ege Akademik Bakış, 19(2), 277-291.
  • Mhadhbi, K., Terzi, C. and Bouchrika, A. (2019). “Banking Sector Development and Economic Growth in Developing Countries: A Bootstrap Panel Granger Causality Analysis”, Emprical Economics, Journal of the Institute for Advanced Studies, 2019, 1-20.
  • SGK (2021). “Aylık İstatistik Bilgileri”, http://www.sgk.gov.tr/wps/portal/sgk/tr/kurumsal/istatistik/aylik_istatistik_bilgileri, (Accessed Date: 29.05.2021).
  • Sahin, D. and Durmus, S. (2019). “Yapısal Kırılmalı Testlerle, Türkiye’de Bankacılık Sektörü Kredileri ve Ekonomik Büyüme İlişkisinin Analizi”, Mali Çözüm Dergisi, 29(151), 33-54.
  • OECD (2020). “Turkey”, https://www.oecd-ilibrary.org/sites/8d33927c-en/index.html?itemId=/content/ component/8d33927c-en, (Accessed Date: 9.12.2020).
  • Ozdemir, S., Ersoz, H.Y., Sarioglu, İ. (2007). “Küçük Girişimciliğin Artan Önemi ve KOBİ’lerin Türkiye Ekonomisindeki Yeri”, Sosyal Siyaset Konferansları Dergisi, 53, 173-230.
  • TOBB (2020). “Company Establishment and Liquidation Statistics”, https://tobb.org.tr/BilgiErisimMudurlugu/Sayfalar/ Eng/KurulanKapananSirketistatistikleri.php, (Accessed Date: 10.09.2020).
  • Tongurai, J. and Vithhessonthi, C. (2018). “The Impact of the Banking Sector on Economic Structure and Growth”, International Review of Financial Analysis, 56, 193-207.
  • Tuna, K. and Bektas, H. (2013). “Examining the Role of Credit Volume on Economic Growth: The Case of Turkey”, Journal of Financial Researches and Studies, 2013, 139-150.
  • Turgut, A. and Ertay, H.İ. (2016). “Effects of Banking Sector on Economic Growth: Causal Analysis on Turkey”, Aksaray Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 8(4), 114-128.
  • Zortuk, M. and Celik, M.Y. (2014). “The Relationship Between Bank Loans and Economic Growth in Turkey:1995-2010”, Alphanumeric Journal, 2(2), 51-60.

IMPACT OF BANKING SECTOR CREDITS ON NET SME FORMATION IN TURKEY

Year 2022, Issue: 2, 345 - 364, 29.04.2022
https://doi.org/10.51551/verimlilik.869730

Abstract

Purpose: This study examines the impact of banking sector credit on the growth of small and medium enterprises in Turkey. The main objective of the study is to investigate whether state-equity bank group or private-equity bank group credits have significant impact on the growth of net Small and Medium Enterprise (SME) formation a regional, urban and sectoral basis.

Methodology: As part of the methodology, quarterly data between 2010-2019 was collected and used in the study for Panel Cointegration Model.

Findings: The formulated hypotheses reveal that private-equity bank credits have significant impact on the growth of small and medium enterprises in Turkey. For statistical region segmentation, city segmentation and sectoral segmentation, private equity bank group credit coefficient is higher than state equity bank group. LPCT (private equity bank group city based logarithmic total credits) variable has a higher coefficient than LSCT (state equity bank group city based logarithmic total credits) variable.

Originality: During literature review, no work with these variables could be found. This work is expected to fill a gap in the literature.

References

  • Alıcıoglu, Y. (2020). “Turkey Bank Loans Effect on Net SME Formation”, Doctorate Thesis, Baskent University, Institute of Social Sciences, Ankara.
  • Alıcıoglu, Y and Kucukkocaoglu, G. (2020). “Effects of Bank Credit on Industrial Performance in Turkey”, World Finance Banking Symposium, 34-35.
  • Apan, M. and Islamoglu, M. (2014). “Financial Management in SMEs”, International Journal of Science Culture and Sport, SI (1), 208-218.
  • Berger, A., and Udell, G. (2006). “A More Complete Conceptual Framework for SME Finance”, Journal of Banking & Finance, 30(11), 2945-2966.
  • BRSA, Banking Regulation and Supervision Agency (2020). “Monthly Banking Sector Data”, https://www.bddk.org.tr/BultenAylik/en, (Accessed Date: 25.05.2020).
  • Cernohorsky, J. (2017). “Types of Bank Loans and their Impact on Economic Development: A Case Study of Czech Republic”, Economics and Management, 20(4), 34-48.
  • Cetorelli, N. and Gambera, M., (2001). “Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data”, The Journal of Finance, 56(2), 617-648.
  • Ceylan A. and Korkmaz T. (2012). “İşletmelerde Finansal Yönetim”, Ekin Yayınevi, Bursa.
  • De la Torre, A., Peria, M.S., and Schmukler, S.L. (2010). “Bank involvement with SMEs: Beyond Relationship Lending”, Journal of Banking & Finance, 34(9), 2280-2293.
  • Demirci, N.S., (2017). “İmalat Sanayi Sektöründe Üretim ve Banka Kredileri İlişkisi: Türkiye için Eşbütünleşme ve Nedensellik Analizi”, Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 19(1), 35-61.
  • Drozdowska, M.I., Bongini, P., Smaga, P. and Witkowski, B. (2019). “The Role of Banks in CESEE Countries: Exploring Non-Standard Determinants of Economic Growth”, Post-Communist Economies, 31(3), 349-382.
  • Green, A. (2003). “Credit Guarantee Schemes for Small Enterprises: An Effective Instrument to Promote Private Sector-Led Growth?”, SME Technical Working Paper Series, UNIDO Working Paper, 1-88.
  • Hacıevliyagil, N. and Eksi, I.H. (2019). “A Micro Based Study on Bank Credit and Economic Growth: Manufacturing Sub-Sectors Analysis”, South East European Journal of Economics and Business, 14(1), 72-91.
  • John, S.A. ve Lawal R.Y. (2019). “Impact of Sectoral Allocation of Banks’ Credit on Economic Growth in Nigeria”, International Journal of Accounting and Finance, 8(2), 96-113.
  • Karahan, Ö., Yılgör, M., and Ozekin, A.A. (2018). “The Relationship Between Bank Credits and Economic Growth in Turkey”, Finans Politik ve Ekonomik Yorumlar, 55(636), 25-36.
  • Koç, S. (2015). “Türkiye’deki Bankaların Sektörler Bazında Kullandırdıkları Krediler ile Ekonomik Büyüme Arasındaki İlişki: 1999-2011”, Muhasebe ve Finansman Dergisi, Temmuz 2015,135-156.
  • Kucukkocaoglu, G. and Daver, G. (2019). “Turkish Banking Sector Performance Analyses”, KAUJEASF, 10(19), 382-402.
  • Leitao, N.C. (2012). “Bank Credit and Economic Growth: A Dynamic Panel Data Analysis”, The Economic Research Guardian, 2(2), 256-267.
  • Mahmud, S.F. and Akın, T. (2019). “SME’s Access to Finance and Choice of Capital Structure in Turkey”, Ege Akademik Bakış, 19(2), 277-291.
  • Mhadhbi, K., Terzi, C. and Bouchrika, A. (2019). “Banking Sector Development and Economic Growth in Developing Countries: A Bootstrap Panel Granger Causality Analysis”, Emprical Economics, Journal of the Institute for Advanced Studies, 2019, 1-20.
  • SGK (2021). “Aylık İstatistik Bilgileri”, http://www.sgk.gov.tr/wps/portal/sgk/tr/kurumsal/istatistik/aylik_istatistik_bilgileri, (Accessed Date: 29.05.2021).
  • Sahin, D. and Durmus, S. (2019). “Yapısal Kırılmalı Testlerle, Türkiye’de Bankacılık Sektörü Kredileri ve Ekonomik Büyüme İlişkisinin Analizi”, Mali Çözüm Dergisi, 29(151), 33-54.
  • OECD (2020). “Turkey”, https://www.oecd-ilibrary.org/sites/8d33927c-en/index.html?itemId=/content/ component/8d33927c-en, (Accessed Date: 9.12.2020).
  • Ozdemir, S., Ersoz, H.Y., Sarioglu, İ. (2007). “Küçük Girişimciliğin Artan Önemi ve KOBİ’lerin Türkiye Ekonomisindeki Yeri”, Sosyal Siyaset Konferansları Dergisi, 53, 173-230.
  • TOBB (2020). “Company Establishment and Liquidation Statistics”, https://tobb.org.tr/BilgiErisimMudurlugu/Sayfalar/ Eng/KurulanKapananSirketistatistikleri.php, (Accessed Date: 10.09.2020).
  • Tongurai, J. and Vithhessonthi, C. (2018). “The Impact of the Banking Sector on Economic Structure and Growth”, International Review of Financial Analysis, 56, 193-207.
  • Tuna, K. and Bektas, H. (2013). “Examining the Role of Credit Volume on Economic Growth: The Case of Turkey”, Journal of Financial Researches and Studies, 2013, 139-150.
  • Turgut, A. and Ertay, H.İ. (2016). “Effects of Banking Sector on Economic Growth: Causal Analysis on Turkey”, Aksaray Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 8(4), 114-128.
  • Zortuk, M. and Celik, M.Y. (2014). “The Relationship Between Bank Loans and Economic Growth in Turkey:1995-2010”, Alphanumeric Journal, 2(2), 51-60.
There are 29 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Yasemin Alıcıoğlu 0000-0002-8585-7606

Güray Küçükkocaoğlu 0000-0001-6170-3269

Publication Date April 29, 2022
Submission Date January 28, 2021
Published in Issue Year 2022 Issue: 2

Cite

APA Alıcıoğlu, Y., & Küçükkocaoğlu, G. (2022). IMPACT OF BANKING SECTOR CREDITS ON NET SME FORMATION IN TURKEY. Verimlilik Dergisi(2), 345-364. https://doi.org/10.51551/verimlilik.869730

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