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Determinants of Economic Growth in Turkey in the Presence of Structural Breaks

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  • Ketenci, Natalya
  • Aydoğan, Ebru Tomris

Abstract

Sustainable economic growth is a continuous increase in environmentally adjusted net domestic product (Bartelmus, 1994). This study investigates the role of natural gas consumption and trade openness in the economic growth of Turkey for the period 1977-2017. Turkey underwent several political and economic shocks during this period. Therefore, the paper employs the Kejriwal and Perron (2010) structural break test to investigate the relationship between economic growth and its determinants in the presence of structural shifts. The outcomes underline the importance of breaks consideration in estimations since they provide detailed impacts of variables on economic growth through sub regimes.

Suggested Citation

  • Ketenci, Natalya & Aydoğan, Ebru Tomris, 2019. "Determinants of Economic Growth in Turkey in the Presence of Structural Breaks," MPRA Paper 100077, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:100077
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    1. Natalya KETENCİ & Ebru Tomris AYDOĞAN, 2019. "Determinants of Economic Growth in Turkey in the Presence of Structural Breaks," Sosyoekonomi Journal, Sosyoekonomi Society, issue 27(42).

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    More about this item

    Keywords

    Economic growth; natural gas consumption; energy use; cointegration; structural breaks; Turkey.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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