IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/1003844.html
   My bibliography  Save this paper

The relationship between Economic Growth, Exports and Government Expenditure: The case of Turkey

Author

Listed:
  • Fatih OKUR

    (Social Sciences)

  • Özgür Bayram SOYLU

    (Social Sciences)

Abstract

The aim of this study, to analyze the relationship between economic growth, exports and government expenditures in the period of 1980-2013; to test If export-led growth hypothesis holds in Turkey. In this analyze, ADF unit root, Johansen Co-integration and Granger Causality tests are used. According to ADF unit root test, all the variables are stationary in their first levels. Johansen Co-integration results show that there is a long-run relationship between economic growth, exports and government expenditure. Because there is co-integration between the variables, VECM is used to test causality. Empirical results show that there is a unidirectional causality which runs from export to economic growth in the short-run period. In the long-run period, While it is found that the causality runs as bidirectional between economic growth and government expenditure, there is a unidirectional causality which runs from export to economic growth and government expenditure.

Suggested Citation

  • Fatih OKUR & Özgür Bayram SOYLU, 2015. "The relationship between Economic Growth, Exports and Government Expenditure: The case of Turkey," Proceedings of International Academic Conferences 1003844, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:1003844
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/international-academic-conference-rome/table-of-content/detail?cid=10&iid=136&rid=3844
    File Function: First version, 2015
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Economic Growth; Export; Government Expenditure; VECM; Causality;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:sek:iacpro:1003844. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.