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Dergiler / Balkan Sosyal Bilimler Dergisi / 2020 / Cilt: 9 - Sayı: 18

Long-run Asymmetric Association between Imports and Economic Growth in Turkey

Jülide YALÇINKAYA KOYUNCU
Mustafa ÜNVER
Sayfa
58–64
Yayın Tarihi
2020-12-31
DOI
—
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Also model diagnostic tests imply that the model do not contain autocorrelation, heteroscedasticity, model misspecification and non-normality problems.

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Amaç & Hipotez:This study aims to analyze asymmetric association between economic growth rate and growth rate of imported goods and services in Turkey for the periods of 1988-2019 by using the Nonlinear Autoregressive Distributed Lag (NARDL) model and two distinct indicators of economic growth rate.
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Temel Bulgular & Veri:According to the estimation results, there exists a nonlinear cointegration relationship between economic growth rate and growth rate of imports.
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Sonuç & Katkı:Also model diagnostic tests imply that the model do not contain autocorrelation, heteroscedasticity, model misspecification and non-normality problems.
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:2019 Verileri
⚙️Değişkenler:Economic Growth · Import · NARDL

Özet

This study aims to analyze asymmetric association between economic growth rate and growth rate of imported goods and services in Turkey for the periods of 1988-2019 by using the Nonlinear Autoregressive Distributed Lag (NARDL) model and two distinct indicators of economic growth rate. According to the estimation results, there exists a nonlinear cointegration relationship between economic growth rate and growth rate of imports. NARDL (2,2) model is estimated to determine the presence of any asymmetric link in short-run/long-run. We identified an asymmetric relationship between the series in the long-run but not in the short-run. Estimation findings of the first model disclose that a rise in growth rate of imports by 1% causes a rise in economic growth rate by 0.606% while a decrease in growth rate of imports by 1% leads to a drop in economic growth rate by 0.565%. On the other hand, according to the estimation results of the second model, a jump in growth rate of imports by 1% causes to an increase in economic growth rate by 0.574% whereas a drop in growth rate of imports by 1% leads to a decrease in economic growth rate by 0.535%. Also model diagnostic tests imply that the model do not contain autocorrelation, heteroscedasticity, model misspecification and non-normality problems.

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Bu Makaleye Atıf Yap

KOYUNCU, J. Y., ÜNVER, M. (2020). Long-run Asymmetric Association between Imports and Economic Growth in Turkey. Balkan Sosyal Bilimler Dergisi, Cilt: 9 - Sayı: 18, 58–64. https://ajindex.com/articles/739657

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Kaynakça (11)

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