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Journals / Uluslararası Yönetim İktisat ve İşletme Dergisi / 2014 / Cilt: 10 - Sayı: 22

ECONOMIC EFFECTS OF TRADE OPENNESS: AN EMPIRICIAL ANALYSIS FOR CENTRAL ASIAN COUNTRIES

Ticari Dışa Açıklığın Ekonomik Etkileri: Orta Asya Ülkeleri İçin Ampirik Bir Analiz

Mehmet MERCAN
İsmet GÖÇER
Pages
27–44
Publication Date
2014-05-01
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

According to empirical evidence derived from the study using panel data analysis it was found that the effect of openness on economic growth was positive, and statistically significant in line with theoretical expectations.

📌 3 Key Takeaways

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Objective & Hypothesis:In this study, the effect of trade openness on economic growth and inflation was investigated for the Central Asia countries Azerbaijan, Kazakhistan, Kirghizistan, Tajikistan, Turkmenistan and Uzbekistan via panel data analysis by using the annual data of the period from 1990 to 2010.
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Key Findings & Data:As trade openness variable, the rate of external trade to GDP was used.
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Conclusion & Impact:According to empirical evidence derived from the study using panel data analysis it was found that the effect of openness on economic growth was positive, and statistically significant in line with theoretical expectations.
🔬Design:Research Article
📍Scope:2010 Verileri
⚙️Variables:Ticari Dışa Açıklık · Ekonomik Büyüme · Enflasyon

Abstract

In this study, the effect of trade openness on economic growth and inflation was investigated for the Central Asia countries Azerbaijan, Kazakhistan, Kirghizistan, Tajikistan, Turkmenistan and Uzbekistan via panel data analysis by using the annual data of the period from 1990 to 2010. As trade openness variable, the rate of external trade to GDP was used. According to empirical evidence derived from the study using panel data analysis it was found that the effect of openness on economic growth was positive, and statistically significant in line with theoretical expectations. The effect of openness on inflation was also found to be positive as opposed to the literature

Özet

Bu çalışmada, ticari dışa açıklığın ekonomik büyüme ve enflasyon üzerindeki etkileri, 1990-2010 dönemi yıllık verileri kullanılarak, Orta Asya ülkelerinden Azerbaycan, Kazakistan, Kırgızistan, Tacikistan, Türkmenistan ve Özbekistan için Panel veri analizi yardımıyla araştırılmıştır. Dışa açıklık değişkeni olarak, dış ticaret hacminin GSYİH'ya oranı kullanılmıştır. Panel veri analizi yardımıyla yapılan çalışmadan elde edilen ampirik kanıtlara göre; ticari dışa açıklığın ekonomik büyüme üzerindeki etkisi teorik beklentilerle uyumlu bir şekilde pozitif ve istatistikî olarak anlamlı bulunmuştur. Dışa açıklığın enflasyon üzerindeki etkisinin ise literatürden farklı olarak pozitif olduğu bulgusu elde edilmiştir.

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Cite This Article

MERCAN, M., GÖÇER, İ. (2014). ECONOMIC EFFECTS OF TRADE OPENNESS: AN EMPIRICIAL ANALYSIS FOR CENTRAL ASIAN COUNTRIES. Uluslararası Yönetim İktisat ve İşletme Dergisi, Cilt: 10 - Sayı: 22, 27–44. https://ajindex.com/articles/170349

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