Türkiye Ekonomisinde Ihracat Ve Ekonomik Büyüme Arasindaki Nedensellik Iliskisi/Causality Relationship between Export and Economic Growth in Turkish Economy
Suna Korkmaz
Abstract
Suna Korkmaz
Abstract
Every country is known to be more or less in commercial affairs with the outside world. Trade between countries influences the level of development in open economies. This study aims to search whether there has been a causality relationship between total export and economic growth variables of Turkey recently. The quarterly data of 1998:01-2013:03 were used as the period examined. In the analysis made for Turkey, unidirectional causality was seen from export to growth. Results which are supporting the hypothesis of export-led growth have emerged in accordance with literature.
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Every country is known to be more or less in commercial affairs with the outside world. Trade between countries influences the level of development in open economies. This study aims to search whether there has been a causality relationship between total export and economic growth variables of Turkey recently. The quarterly data of 1998:01-2013:03 were used as the period examined. In the analysis made for Turkey, unidirectional causality was seen from export to growth. Results which are supporting the hypothesis of export-led growth have emerged in accordance with literature.
Key concepts: Causality (physics), Economics, Turkish economy, Turkish, Monetary economics, Economy, International economics, Philosophy