Dergiler / Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2000 / Cilt: 2 - Sayı: 1
Cointegration, Causality and Kaldor’s Hypothesis: Evidence from Turkey, 1946-1995
- Sayfa
- 75–80
- DOI
- —
Abstract
This paper, unlike the previous studies dealing with Kaldor’s engine-of-economic growth hypothesis, applies the techniques of cointegration and Granger causality to investigate the causal relationship between industrial growth and overall economic performance in the Turkish economy. The empirical evidence presented in the paper finds support for the Kaldor’s hypothesis.