AN CAUSALITY TEST ON FOREIGN TRADE AND ECONOMIC GROWTH: CASE OF TURKEY 2001-2011
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VOLUME: 14 ISSUE: 2
P: 55 - 70
December 2012

AN CAUSALITY TEST ON FOREIGN TRADE AND ECONOMIC GROWTH: CASE OF TURKEY 2001-2011

Trakya Univ J Soc Sci 2012;14(2):55-70
1. Yrd. Doç. Dr. Trakya Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü
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ABSTRACT

By the globalization period, it has been seemed close positive relationship among export, import and economic growth. The study has focused on the linkage between foreign trade and economic growth in Turkey which has been integrated by international economy. The study has used the quarterly datas such as GDP, export, import (2001Q1-2011Q3), and the outcomes of the datas have been tested by Granger Causality Analysis. After this step , it has been analyzed the long run relationship among the variables by the Johansen Co-integration test therefore VAR estimation model has declared that there is causality relationship from export to economic growth and also import and export has a certain effect on GDP in Turkey.

Keywords:
Export, Import, Growth, Causality, VAR.