Serdar KURT, Recep TARI, Şehnaz Bakır YİĞİTBAŞ

Asimetrik Bilgi, Banka Kredileri ve Reel Sektör Arasındaki İlişkilerin Ampirik Analizi

Bu araştırmada, Türkiye'de faaliyet gösteren ticari bankaların asimetrik bilgi ortamında kredi verme davranışı ve reel sektör üretimi arasındaki ilişki analiz edilmektedir. Banka kredileri ile, geri ödenmeyen krediler miktarı, nominal faiz oranı, kredi faizi ile mevduat faizi arasındaki fark, enflasyon oranı ve sanayi üretim endeksi arasındaki dinamik ilişkilerin varlığı araştırılmaktadır. Bu değişkenlerden enflasyon oranı ve kredi faizi ile mevduat faizi arasındaki farkın banka kredileri üzerinde belirli düzeyde etkili olduğu, geri ödenmeyen kredilerin nominal faiz oranlarından etkilendiği, ancak bankaların kredi verme kararlarını doğrudan etkilemediği ve banka kredilerinin reel sektör üretimini etkilediği bulgularına ulaşılmıştır.

An Empirical Analysis of the Relationships Between Asymmetric Information, Bank Loans and the Real Sector

This study aims to analyze the relationship between real sector production and lendingbehaviors of Turkish commercial banks in asymmetric information environment. The studyinvestigates dynamic relationships between bank loans with nominal interest rates, theamount of default loans, the difference between loan interest and deposit interest, inflationrate and production index. The analysis indicates that, of these variables, inflation rate anddifference between loan interest and deposit interest are affective on bank loans in a certainlevel, and that default loans are affected by nominal interest rates, but they do not directlyaffect lending behaviors of banks. Bank loans are found to have an effect on real sectorproduction.

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