Grey relational analysis between Turkey's macroeconomic indicators and domestic savings


Duran E., Duran B. U. , AKAY D. , BORAN F. E.

GREY SYSTEMS-THEORY AND APPLICATION, vol.7, no.1, pp.45-59, 2017 (Journal Indexed in SCI) identifier

  • Publication Type: Article / Article
  • Volume: 7 Issue: 1
  • Publication Date: 2017
  • Doi Number: 10.1108/gs-10-2016-0039
  • Title of Journal : GREY SYSTEMS-THEORY AND APPLICATION
  • Page Numbers: pp.45-59
  • Keywords: Entropy method, Grey relational analysis, Macroeconomic indicators, Domestic savings, DETERMINANTS, OPTIMIZATION, PROPERTY

Abstract

Purpose - It is of great importance for economy policy makers to comprehend the relationship between macroeconomic indicators and domestic savings, and to find out which indicator is more determinative on the dynamics of domestic savings. The purpose of this paper is to analyze the degree of relationship between Turkey's domestic savings and selected macroeconomic indicators.