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Journals / International Journal of Social Sciences and Education Research / 2016 / Cilt: 2 - Sayı: 1

Manufacturing industry exports and economic growth relationship in the case of structural break: A case study for Turkey

Yapısal kırılma durumunda imalat sanayi ihracatı ve ekonomik büyüme ilişkisi: Türkiye üzerine bir uygulama

Hakan BOZDAĞ
Hidayet ÜNLÜ
Pages
92–102
Publication Date
2016-01-03
DOI
—
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AI Summary & Key Takeaways

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

According to the causality tests results the manufacturing industry exports support the export led hypothesis in Turkey.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Manufacturıng industry exports is one of the pillars of economic growth.
📊
Key Findings & Data:For this purpose, the relationship between manufacturing industry exports and GDP for the period 2001:Q1-2015:Q3 was examined in Turkey.
💡
Conclusion & Impact:According to the causality tests results the manufacturing industry exports support the export led hypothesis in Turkey.
🔬Design:Research Article
📍Scope:2001 Verileri
⚙️Variables:İmalat Sanayi İhracatı · Ekonomik Büyüme · Lee-Strazicich Birim Kök Testi (2013)

Abstract

Manufacturıng industry exports is one of the pillars of economic growth. This study, aim to investigate the relationship between manufacturing industry exports and economic growth. For this purpose, the relationship between manufacturing industry exports and GDP for the period 2001:Q1-2015:Q3 was examined in Turkey. As the analyzed period, taking in to account the possible effects of the 2008 World EconomicCrisis, we used Lee and Strazicich (2013) unitroot test which allowing for one structural breaks in series and Gregory and Hansen (1996) one structural break cointegration test. Obtained results from our analysis, there ise long-term relationship between manufacturing industry exports economic growth in the presence of one structural break. Manufacturing exports were found to be two-way causal relationship between the economic growth. According to the causality tests results the manufacturing industry exports support the export led hypothesis in Turkey.

Özet

Çalışmada, ekonomik büyümenin unsurlarından biri olan imalat sanayi ihracatı ile ekonomik büyüme arasındaki ilişkinin araştırılması amaçlanmıştır. Bu amaç doğrultusunda Türkiye’de imalat sanayi ihracatı ve GSYİH arasındaki ilişki 2001:Q1-2015:Q2 dönemleri için incelenmiştir. Analiz edilen dönem itibariyle 2008 Dünya Ekonomik Krizinin olası etkileri göz önüne alınarak, seride tek yapısal kırılmaya izin veren Lee ve Strazicich (2013) birim kök testi ve tek kırılmalı Gregory ve Hansen (1996) eş bütünleşme testi kullanılmıştır. Elde edilen sonuçlar, tek yapısal kırılma durumunda imalat sanayi ihracatı ve ekonomik büyüme arasında uzun dönemli bir ilişki olduğunu göstermektedir. Uygulanan nedensellik testlerinin sonucunda Türkiye’de İmalat Sanayi İhracatı ve Ekonomik Büyüme arasında çift yönlü nedensellik ilişkisi belirlenmiştir. Buna göre Türkiye’de ihracata dayalı büyüme hipotezinin desteklendiğini göstermektedir.

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Cite This Article

BOZDAĞ, H., ÜNLÜ, H. (2016). Manufacturing industry exports and economic growth relationship in the case of structural break: A case study for Turkey. International Journal of Social Sciences and Education Research, Cilt: 2 - Sayı: 1, 92–102. https://ajindex.com/articles/414471

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