Research Article Open Access

The Relationship Between Consumer Confidence Index and Online Credit Card Using in Turkey: New Evidence From Frequency Domain Causality Test

Abstract

Monthly data for the period between January 2008 and December 2012 were examined in this study which investigated the relationship between consumer confidence index (CCI) and online credit card using (CCU). The variables were found to have an integrated structure after testing of the collected data with Hatemi-J cointegration test (2008) which enables two-structural break. It has been observed that the results are inconsistent when the relationship between these two variables examined with Toda Yamamoto (1995) and Hacker Hatemi-J (2006) causality tests. Therefore, frequency domain causality test has been used and the conclusion reached that a one-way and temporary relationship from consumer confidence index to online credit card using. It’s seen that the existence of this relationship supports the studies in the literature.

EMRE YILDIRIM, FEYYAZ ZEREN

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