Ticari Ve Finansal Disa Aciklik Ile Ekonomik Buyume Arasindaki Iliski: Turkiye Uzerine Bir Uygulama
The purpose of this paper is to investigate the relationship between trade and financial openness and economic growth in Turkey. For this purpose for the period of 1990:1-2006:4, the relationships between trade and financial openness rates and real economic growth rate are analyzed econometrically by employing multivariate cointegration analysis, error correction-augmented Granger causality tests and vector error correction model. According to the results, economic growth is positively effected by trade openness, and negatively by financial openness in the long run. Error correction-augmented Granger causality tests show that there is bi-directional causality between trade and financial openness and economic growth. Furthermore, it is observed that one-directional causality exists from trade openness to financial openness.
Volume (Year): 5 (2007)
Issue (Month): 1 (May)
|Contact details of provider:|| Web page: http://eidergisi.istanbul.edu.tr|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ist:ancoec:v:5:y:2007:i:1:p:67-89. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kutluk Kagan Sumer)
If references are entirely missing, you can add them using this form.