The Relationship between Export and Growth: Panel Data Evidence from Turkish Sectors

Alper Aslan and Ebru Topcu
Additional contact information
Ebru Topcu: Department of Economics, Nevsehir Haci Bektas Veli University, Nevsehir 50300, Turkey

Economies, 2018, vol. 6, issue 2, 1-15

Abstract: The aim of this study is to examine the impact of sectoral exports on economic growth in Turkey over the period 2000–2015. To this end, empirical models are estimated using panel data techniques in which quarterly data are gathered for eight sectors. Findings in the case of the pooled panel indicate the validity of the export-led growth hypothesis. Disaggregated evidences, on the other hand, reveal the validity of export-led growth hypothesis in the case of (i) agriculture and forestry; (ii) fishing; (iii) mining and quarrying; (iv) manufacturing; (v) electricity, gas and water supply; and (vi) wholesale and retail trade while it is found to be invalid in the case of (i) real estate, renting and business activities; and (ii) other community, social and personal service activities. The sectors that have the highest growth contributions are listed as follows: (i) agriculture and forestry; (ii) mining and quarrying; and (iii) manufacturing. Causality results also provide a strong support in favor of an export-led growth hypothesis for four sectors in addition to the feedback hypothesis which is valid for three sectors.

Keywords: export; economic growth; export-led growth hypothesis; Turkey; panel data analysis (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.mdpi.com/2227-7099/6/2/22/pdf (application/pdf)
https://www.mdpi.com/2227-7099/6/2/22/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jecomi:v:6:y:2018:i:2:p:22-:d:139116

Access Statistics for this article

Economies is currently edited by Ms. Adore Zhou

More articles in Economies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().