Economics at your fingertips  

The Impacts of Trade and Financial Developments on Economic Growth in Turkey: ARDL Approach with Structural Break

Mouyad Alsamara (), Zouhair Mrabet, Karim Barkat and Mohamed Elafif

Emerging Markets Finance and Trade, 2020, vol. 55, issue 8, 1671-1680

Abstract: 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.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

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:

Ordering information: This journal article can be ordered from

DOI: 10.1080/1540496X.2018.1521800

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 ().

Page updated 2022-11-20
Handle: RePEc:mes:emfitr:v:55:y:2020:i:8:p:1671-1680