文章基本信息

标题：The Impact of Trade Openness on Economic Growth in the Case of Turkey
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作者：MASOUD ALI KHALID
期刊名称：Research Journal of Finance and Accounting
印刷版ISSN：2222-1697
出版年度：2016
卷号：7
期号：10
页码：51-61
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：International development scholars have advanced contrasting theoretical and empirical explanations for the relationship between trade and economic growth in the last fifty years. Turkey has great resource potential that may not be available in other countries .Turkey is one of the areas that have diversity in terms of trade components. Due to this condition, in 2014, Turkey was among the best countries in producing and exporting goods and services as well as in Trade Openness. This helped increasing the gross domestic product (GDP) . This study is analyzing the impact of trade openness on economic growth in the case of Turkey. We have applied the ARDL model to examine for a short and long run relationship between trade openness and economic growth over the sample period 1960 - 2014. Our results confirm co-integration among the series. Moreover, in the short run, trade openness promotes economic growth; while in the long run this relationship does not exist. Furthermore the results refer that in the long run this relationship is positive and statistically insignificant.
其他摘要：International development scholars have advanced contrasting theoretical and empirical explanations for the relationship between trade and economic growth in the last fifty years. Turkey has great resource potential that may not be available in other countries .Turkey is one of the areas that have diversity in terms of trade components. Due to this condition, in 2014, Turkey was among the best countries in producing and exporting goods and services as well as in Trade Openness. This helped increasing the gross domestic product (GDP) . This study is analyzing the impact of trade openness on economic growth in the case of Turkey. We have applied the ARDL model to examine for a short and long run relationship between trade openness and economic growth over the sample period 1960 - 2014. Our results confirm co-integration among the series. Moreover, in the short run, trade openness promotes economic growth; while in the long run this relationship does not exist. Furthermore the results refer that in the long run this relationship is positive and statistically insignificant. Keywords: Trade Openness, Economic Growth, ARDL Applications - Turkey
关键词：Trade Openness; Economic Growth; ARDL Applications - Turkey