Journals / Ekonomik Yaklaşım / 2006 / Cilt: 17 - Sayı: 60-61

A Time Series Analysis of Export, Import and Economic Growth Relations in Turkey

Türkiye'de İhracat, İthalat ve Ekonomik Büyüme Arasındaki İlişkilerin Zaman Serisi Analizi

Pages
93–110
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

Moreover, IRFs and VDCs support this result therefore allows to conclude that export led growth hypothesis is supported by the Turkish data over the period.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this paper, not only the nature but also the strength of the causal relationship among real exports, imports, and economic growth in Turkey over the period of 1987-2006 is investigated.
📊
Key Findings & Data:Particularly the role of import variable in the investigating of economic growth-export causality is emphasized.
💡
Conclusion & Impact:Moreover, IRFs and VDCs support this result therefore allows to conclude that export led growth hypothesis is supported by the Turkish data over the period.
🔬Design:Research Article
📍Scope:2006 Verileri
⚙️Variables:Domain Parameters

Abstract

In this paper, not only the nature but also the strength of the causal relationship among real exports, imports, and economic growth in Turkey over the period of 1987-2006 is investigated. Particularly the role of import variable in the investigating of economic growth-export causality is emphasized. The Granger causalitytestsresultsconfirmthatthereisunidirectionalcausalitybetween variables considered, mainly running from export to economic growth and import and import to economic growth. Moreover, IRFs and VDCs support this result therefore allows to conclude that export led growth hypothesis is supported by the Turkish data over the period.

Özet

Bu çalışmada, 1987-2006 yılları arasında Türkiye'de reel ekonomik büyüme,ithalat ve ihracat arasındaki nedensel ilişkilerin gücünün yanısıra yapısıda araştırılmaya çalışılmıştır. Özellikle de ekonomik büyüme-ihracat arasındaki nedensellik incelenirken ithalat değişkeninin rolü üzerinde durulmuştur. Granger nedensellik test sonuçları ele alman değişkenler arasında tek yönlü bir nedensellik olduğunu, yani ihracattan ekonomik büyüme ve ithalata ve ithalattan ekonomik büyümeye doğru bir nedensellik ilişkisini desteklemektedir. Üstelik, Etki-Tepki ve Varyans Ayrıştırma fonksiyonları bu sonucu desteklemekte ve böylece ele alman dönemde Türkiye'de ihracat öncelikli büyüme hipotezinin geçerli olduğunu göstermektedir.

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Cite This Article

ÖZER, M., ERDOĞAN, L. (2022). A Time Series Analysis of Export, Import and Economic Growth Relations in Turkey. Ekonomik Yaklaşım, Cilt: 17 - Sayı: 60-61, 93–110. https://ajindex.com/articles/499794

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