The Impacts of Trade and Financial Developments on Economic Growth in Turkey: ARDL Approach with Structural Break
Mouyad Alsamara (),
Karim Barkat and
Emerging Markets Finance and Trade, 2020, vol. 55, issue 8, 1671-1680
This study examines the impacts of trade openness, financial development, and energy imports on per capita real GDP in Turkey over the 1960–2014 period. The results show that there is evidence of a stable relationship in the presence of a shift in the cointegration vector in 1980 and 1988. Furthermore, the results indicate that trade openness and financial development have a positive impact on per capita real GDP growth whereas energy imports have a negative impact. Consequently, policy-makers should adopt policies that sustain the benefits of trade and financial developments and improve the use of renewable energy to counterbalance the negative effect of energy imports on economic growth.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:55:y:2020:i:8:p:1671-1680
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().