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Journals / Ege Akademik Bakış / 2011 / Cilt: 11 - Sayı: 2

Relationship between export and economic growth: panel cointegration and panel causality analysis in 12 transition economies case

İhracat ve ekonomik büyüme ilişkisi: 12 geçiş ekonomisi örneğinde panel eştümleşme ve panel nedensellik analizleri

Seymur AĞAYEV
Pages
241–254
Publication Date
2022-11-05
DOI
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AI Summary & Key Takeaways

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

The findings indicate that there is not causality runs from export growth to economic growth.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper uses panel cointigration and panel causality approaches to investigate relationship between export and economic growth in the case of twelve members of former Soviet Union transition economies.
📊
Key Findings & Data:Export of raw materials, energy, agricultural products and mining materials constitute the major portion of total export of these countries.
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Conclusion & Impact:The findings indicate that there is not causality runs from export growth to economic growth.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

This paper uses panel cointigration and panel causality approaches to investigate relationship between export and economic growth in the case of twelve members of former Soviet Union transition economies. Export of raw materials, energy, agricultural products and mining materials constitute the major portion of total export of these countries. The findings indicate that there is not causality runs from export growth to economic growth. This suggests that export-led growth hypothesis is not supported for twelve transition countries. The study result indicates that economic growth contributes to export growth in short-run and long-run.

Özet

Bu çalışmada panel eştümleşme ve panel nedensellik analizleri kullanılarak on iki eski Sovyetler Birliği üyesi geçiş ekonomisi örneğinde ihracat ve ekonomik büyüme ilişkisi incelenmiştir. Hammadde, enerji, tarım ürünleri veya maden ihracatı bu ülkelerin toplam ihracatının en önemli payını oluşturmaktadır. Araştırma sonuçları, ihracat artışının ekonomik büyümeye neden olmadığını, diğer bir ifadeyle bu ülkeler için ihracata dayalı büyüme hipotezinin geçerli olmadığını gösterir. Bulgular nedensellik ilişkisinin kısa ve uzun dönemde ekonomik büyümeden ihracat artışına doğru olduğunu desteklemektedir.

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Cite This Article

AĞAYEV, S. (2022). Relationship between export and economic growth: panel cointegration and panel causality analysis in 12 transition economies case. Ege Akademik Bakış, Cilt: 11 - Sayı: 2, 241–254. https://ajindex.com/articles/649877

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