IDEAS home Printed from https://ideas.repec.org/a/ist/ancoec/v5y2007i1p67-89.html
   My bibliography  Save this article

Ticari Ve Finansal Disa Aciklik Ile Ekonomik Buyume Arasindaki Iliski: Turkiye Uzerine Bir Uygulama

Author

Listed:
  • Asst. Prof. Sevda YAPRAKLI

    () (Ataturk University)

Abstract

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.

Suggested Citation

  • Asst. Prof. Sevda YAPRAKLI, 2007. "Ticari Ve Finansal Disa Aciklik Ile Ekonomik Buyume Arasindaki Iliski: Turkiye Uzerine Bir Uygulama," Istanbul University Econometrics and Statistics e-Journal, Department of Econometrics, Faculty of Economics, Istanbul University, vol. 5(1), pages 67-89, May.
  • Handle: RePEc:ist:ancoec:v:5:y:2007:i:1:p:67-89
    as

    Download full text from publisher

    File URL: http://eidergisi.istanbul.edu.tr/sayi5/iueis5m4.pdf
    Download Restriction: no

    More about this item

    Keywords

    Trade Openness; Financial Openness; Economic Growth; Turkish Economy; Time Series; Unit Root; Granger Causality; VEC Model;

    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
    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. 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). General contact details of provider: http://edirc.repec.org/data/ifisttr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.