A Multivariate Causality Analysis of Export and Growth for Turkey
No EERI_RP_2007_05, EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels
This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among the variables both in the short-run and the long-run. The empirical findings suggest uni-directional causation from exports to industrial production.
Keywords: Export-led growth; causality; cointegration; Turkey (search for similar items in EconPapers)
JEL-codes: C12 C22 F14 F43 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed
Downloads: (external link)
Working Paper: A Multivariate Causality Analysis of Export and Growth for Turkey (2007)
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:eei:rpaper:eeri_rp_2007_05
Access Statistics for this paper
More papers in EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels Contact information at EDIRC.
Bibliographic data for series maintained by Julia van Hove ().