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Is there a long-run association between globalization and productivity: The case of Turkey

Author

Listed:
  • Yüksel OKÞAK

    (Uludað University, Ýnegöl Vocational School, Turkey)

Abstract

This study examines short and long-run association between globalization and productivity by using a time series sample of Turkey covering the years from 1970 to 2014. Firstly, I check the stationarity status of the series and following that I conduct a cointegration analysis among series in the framework of ARDL boundary test technique. After that, both short-run and long-run coefficients are gathered by using error corrected form of ARDL Model. In addition to that, I provide the results for diagnostic check of the model. Eventually, a causality test is applied to see if there is a causal relationship between the series. According to the findings, globalization and productivity series are cointegrated and it is found that there is a long-run significant positive impact of globalization on productivity while this figure is negative for short-run. Moreover the test results for causality test imply that there exists just one unidirectional causality running from globalization to productivity.

Suggested Citation

  • Yüksel OKÞAK, 2018. "Is there a long-run association between globalization and productivity: The case of Turkey," Turkish Economic Review, EconSciences Journals, vol. 5(2), pages 215-222, July.
    • Handle: RePEc:cvv:journ2:v:5:y:2018:i:2:p:215-222
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    References listed on IDEAS

    as
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    5. Dong-Hyeon Kim & Yu-Bo Suen & Shu-Chin Lin & Joyce Hsieh, 2018. "Government size, government debt and globalization," Applied Economics, Taylor & Francis Journals, vol. 50(25), pages 2792-2803, May.
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    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • 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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