摘要:From the beginning of 2000, there have been a growing number of researches on the profitability and the growth of commercial banks, however, there is a paucity of studies done on Turkey. Generally, the studies indicate that the growth rate of companies for a period is independent from their size. However, it is accepted that the volatility in the growth rates can be correlated with their size. On the other hand, it is found that in different periods, companies’ growth rates can be uncorrelated. In regard to these observations, the growth rates of the companies are accepted to show a random walk. It is also possible to apply this analysis to commercial banks. The basic aim of this research is to analyze the correlation of growth and profitability of commercial banks. In regard to this, persistency of growth and profitability of Turkish Banks, as well as, the growth in size and the profitability will be analyzed by using the Dynamic Panel Data model. While growth is not persistent, the profitability of banks is persistent. Finally, it is found out that the banking sector intensity has positive effect on the growth of banks as well as their profitability.
关键词:Gibrat`s law; Banks growth; Bank profits; Persistence; Dynamic panel data