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The Issue of Logistics and Its Correlation to Economic Growth in Turkey: An Empirical Application

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  • Berrak Erkumru Can

    (Çankaya University, Turkey)

  • Dilek Temiz Dinç

    (Çankaya University, Turkey)

  • Aytaç Gökmen

    (Çankaya University, Turkey)

Abstract

Logistics is a considerable issue for the development of a state and its economy. Logistics is involved the forward and backward flows of goods and services from the point of production and point of consumption, and it is considerable for the development of the economy of a country. Yet, the aim of this paper is to review the correlation between the logistics sector of the Turkish Republic and its correlation to economic growth by employing Augmented Dickey Fuller-ADF, Phillips-Perron (PP), Kwiatkowski, Phillips, Schmidt, Shin (KPSS), Elliott, Rothenberg and Stock Point Optimal, and Ng-Perron unit root tests. As a result, there is a bidirectional positive causality between logistics sector and economic growth in the long-term, but there is no causality for short term. Moreover, the novelty of this paper is that it is the most up-to-date study to research logistics and its correlation to economics in Turkey.

Suggested Citation

  • Berrak Erkumru Can & Dilek Temiz Dinç & Aytaç Gökmen, 2021. "The Issue of Logistics and Its Correlation to Economic Growth in Turkey: An Empirical Application," International Journal of Applied Logistics (IJAL), IGI Global, vol. 11(1), pages 66-80, January.
    • Handle: RePEc:igg:jal000:v:11:y:2021:i:1:p:66-80
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