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Ticari Açıklık ve Ekonomik Büyüme İlişkisi: 11 Avrasya Ülkesi İçin Panel Veri Analizi

Year 2022, Volume: 3 Issue: 2, 295 - 311, 30.10.2022
https://doi.org/10.53662/esamdergisi.1172401

Abstract

Bu çalışma, 1995-2020 dönemi için 11 Avrasya ülkesinde ticari dışa açıklık ile ekonomik büyüme arasındaki ilişkinin etkisini analiz etmeyi amaçlamaktadır. Bu amaç doğrultusunda, ticari dışa açıklık ile büyüme arasındaki ilişkiler, panel veri analizleri kullanılarak araştırılmıştır. Yatay kesit bağımlılığının varlığı dolayısıyla değişkenlere ikinci nesil birim kök testlerinden CADF testi uygulanmıştır. Otokorelasyon ve değişen varyans sonuçlarıyla uyumlu olarak Driscoll-Kraay regresyon testi yapılmış, test neticesinde, ticari açıklık ile ekonomik büyüme arasında negatif ilişki bulunmuştur. Ayrıca kontrol değişkeni olarak modele dahil edilen gayrisafi sabit sermaye oluşumu ile büyüme arasında pozitif yönlü ilişki olduğu görülmüştür. Böylece 11 Avrasya ülkesi üzerinde yapılan bu çalışma, özellikle gelişmekte olan ülkelerde ticari açıklık ile büyüme arasında negatif ilişki bulunduğunu açıklayan teorileri desteklemektedir.

References

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  • Huchet Bourdon, Marilyne - Le Mouel, Chantal - Vijil, Mariana “The Relationship between Trade Openness and Economic Growth: Some New Insights on The Openness Measurement Issue”. Hall- Archives, Ouvertes (2013) 1-18.
  • Chang, Roberto - Kaltani, Linda - Loayza, Norman. “Openness can be good for growth: The role of policy complementaries”. Journal of Development Economics 90 (2009), 33–49.
  • Edwards, Sebastian. 1993. “Openness, trade liberalization, and growth in developing countries”. Journal of Economic Literature 31 (1993) 1358–93.
  • Eurasian Economic Review. Eurasian economic Union about. http://www.eaeunion.org/?lang=en#aboutinfo (2020).
  • Fischer, Stanley. “Globalization and its challenges” American Economic Review 93(2003), 1-30.
  • Grossman, Gene M. - Helpman, Elhanan. “Innovation and Growth in the Global Economy”. Cambridge: MIT Press (1991).
  • Güngör, Bayram - Kurt, Serdar. “Dışa açıklık ve kalkınma ilişkisi 1968-2003 Türkiye Örneği”. İktisadi ve idari bilimler dergisi. 21(2) (2007) 197-210.
  • Helpman, Elhanan - Krugman, Paul. Market structure and foreign trade: Increasing returns, imperfect competition, and the international economy. MIT press.
  • Herzer, Dierk. “Cross-country heterogeneity and the trade-income relationship”. World Development 44 (2013), 194–211.
  • Jayme Jr, F. “Notes on trade and growth. Belo Horizonte”: UFMG/Cedeplar 25 (2001) 337-348.
  • Khobai, Hlalefang - Kolisi, Nwabisa - Moyo, Clement. “The relationship between trade openness and economic growth: The case of Ghana and Nigeria”. International Journal of Economics and Financial Issues 8(1) (2018) 77-82.
  • Kim, Dong-Hyeon, and Shu-Chin Lin. “Trade and growth at different stages of economic development”. The Journal of Development Studies 45 (2009) 1211–24.
  • Kim, Dong-Hyeon. “Trade growth and income”. The Journal of International Trade & Economic Development 20 (2011) 677–709.
  • Kiyota, Kozo. “Trade liberalization, economic growth, and income distribution in a multiple-cone neoclassical growth model”. Oxford Economic Papers, 64(2012) 655-674. https://doi.org/10.1093/oep/gps002.
  • Levine, Rose-Renelt, David. “A sensitivity analysis of cross countries growth regression”. american economic review, 82 (1992) 942-963.
  • Lin, Hsin Yi. (2010). “Openness and inflation revisited. International Research Journal of Finance and Economics”. 37 (2010) 40-45.
  • Lucas, Robert E. “On the mechanic of economic development”. Journal of Monetary Economics 46 (1988) 167–82.
  • Mah, Jai Sheen. “The impact of globalization on income distribution: the Korean experience”, Applied Economics Letters, 9 (2015): 121-165.
  • Newfarmer, Richard-Monika Sztajerowska. “Trade and Employment in Fast-Changing World”. In Policy Priorities for International Trade and Jobs. Edited by Douglas Lippoldt. Paris: OECD (2012), 7–73.
  • Olusegun, Omisakin. “ Foreign Direct Investment, Trade Openness and Growth in Nigeria”. Journal of Economics Theory 3 (2009) 13-18.
  • Pesaran, M. Hashem - Ullah, Aman - Yamagata, Takashi. “A Bias-Adjusted LM Test of Error Cross-Section İndependence”. Econometrics Journal, 11(2008), 105-127.
  • Pesaran, M. Hashem. “A Simple Panel Unit Root Test in the Presence of Cross Section Dependence”. Journal of Applied Econometrics, 22 (2007), 265-312.
  • Pesaran, M. Hashem. “Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure”. Econometrica Journal of the Econometric Society, 74 (2006), 967-1012.
  • Pesaran, M. Hashem. “General Diagnostic Tests for Cross Section Dependence in Panels”. IZA Discussion Paper Series, (2006) No:1240, 1-39.
  • Popescu, Nicu. “Eurasian Union: the real, the imaginary and the likely”. Chaillot paper, (2014). No. 132.
  • Redding, Stephen. “Dynamic comparative advantage and the welfare effects of trade”. Oxford Economic Papers 51(1999) 15–39.
  • Reza, Ahmadi- Nazila, Mohebb. “Trade openness and economic growth in Iran”. Department of management, hidaj branch, Islamic Azad University (2012) 2090-4304.
  • Sachs, Jeffrey. D. and Warner. Andrew. M. “Economic reform and the process of global integration”. Brookings Papers on Economic Activity, (1995) 1-118.
  • Şeyma, Yılmaz- Ergin Uzgören. “ Türkiye’de ticari açıklık ve ekonomik büyüme ilişkisinin Cobb-Douglas üretim fonksiyonu çerçevesinde analizi”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, 68, (2021) 49-72.
  • Singh, Tarlok. “Does international trade cause economic growth? A survey”. The World Economy 33(2010) 1517–64.
  • Soltani, H. - Ochi, A - Zaghdoudi, T - Saidi, Y. (2013), “Trade openness and economic growth: The case of Tunisia”, International Journal of Advances in Management and Economics, 2(2) (2013) 24-32.
  • Thomas Gries, Margarete Redlin. “Trade openness and economic rowth: A panel causality Analysis”. University of Paderborn, Germany (2012) 2011-06.
  • Trejos, Sandra - Gustavo Barboza. “Dynamic estimation of the relationship between trade openness and output growth in Asia”. Journal of Asian Economics 36(2015)110–25.
  • Ulaşan, Bülent. “Trade openness and economic growth: Panel evidence”. Applied Economics Letters 22 (2015) 163–67.
  • Van der Togt, Tony. “From Competition to compatibility. striking a Eurasian balance in EU-Russia relations”. Netherlands Institute of International Relations.
  • Vinokurov, Tsukarev. “Agenda for the EEU Economy”. Valdai Papers 25 (2015). 1-15. https://ssrn.com/abstract=2741016
  • Young, Alwayn. “Learning by doing and the dynamic effects of international trade”. The Quarterly Journal of Economics 106 (1991) 369–405.
  • Zahonogo, Pam. “Trade and economic growth in developing countries: Evidence from sub-Saharan Africa”. Journal of African Trade 3 (2016) 41–56.
  • Büyükakın, Figen – Jallow, Lamarana. “Ticari Açıklık ile Ekonomik Büyüme Arasındaki İlişkinin Değerlendirilmesi: Gambiya Örneği”. Iğdır Üniversitesi Sosyal Bilimler Dergisi, (2019) 441-474.
  • Musila, Jacob.W- Yiheyis, Zelealem. “The Impact of Trade Openness on Growth: The Case of Kenya”. Elsevier, Journal of Policy Modeling, 37 (2015) 342–354.
  • Ali, Wajahat- Abdullah, Arzai. “The Impact of Trade Openness on Economic Growth of Pakistan: 1980-2010”. Global Business and Management Research: An International Journal, 7(2) (2015) 120-129.
Year 2022, Volume: 3 Issue: 2, 295 - 311, 30.10.2022
https://doi.org/10.53662/esamdergisi.1172401

Abstract

References

  • Ali, Wajahat- Abdullah, Azrai. “The Impact of Trade Openness on the Economic Growth of Pakistan: 1980-2010”, Global Business and Management Research: An International Journal, 7(2) (2015) 120-129.
  • Huchet Bourdon, Marilyne - Le Mouel, Chantal - Vijil, Mariana “The Relationship between Trade Openness and Economic Growth: Some New Insights on The Openness Measurement Issue”. Hall- Archives, Ouvertes (2013) 1-18.
  • Chang, Roberto - Kaltani, Linda - Loayza, Norman. “Openness can be good for growth: The role of policy complementaries”. Journal of Development Economics 90 (2009), 33–49.
  • Edwards, Sebastian. 1993. “Openness, trade liberalization, and growth in developing countries”. Journal of Economic Literature 31 (1993) 1358–93.
  • Eurasian Economic Review. Eurasian economic Union about. http://www.eaeunion.org/?lang=en#aboutinfo (2020).
  • Fischer, Stanley. “Globalization and its challenges” American Economic Review 93(2003), 1-30.
  • Grossman, Gene M. - Helpman, Elhanan. “Innovation and Growth in the Global Economy”. Cambridge: MIT Press (1991).
  • Güngör, Bayram - Kurt, Serdar. “Dışa açıklık ve kalkınma ilişkisi 1968-2003 Türkiye Örneği”. İktisadi ve idari bilimler dergisi. 21(2) (2007) 197-210.
  • Helpman, Elhanan - Krugman, Paul. Market structure and foreign trade: Increasing returns, imperfect competition, and the international economy. MIT press.
  • Herzer, Dierk. “Cross-country heterogeneity and the trade-income relationship”. World Development 44 (2013), 194–211.
  • Jayme Jr, F. “Notes on trade and growth. Belo Horizonte”: UFMG/Cedeplar 25 (2001) 337-348.
  • Khobai, Hlalefang - Kolisi, Nwabisa - Moyo, Clement. “The relationship between trade openness and economic growth: The case of Ghana and Nigeria”. International Journal of Economics and Financial Issues 8(1) (2018) 77-82.
  • Kim, Dong-Hyeon, and Shu-Chin Lin. “Trade and growth at different stages of economic development”. The Journal of Development Studies 45 (2009) 1211–24.
  • Kim, Dong-Hyeon. “Trade growth and income”. The Journal of International Trade & Economic Development 20 (2011) 677–709.
  • Kiyota, Kozo. “Trade liberalization, economic growth, and income distribution in a multiple-cone neoclassical growth model”. Oxford Economic Papers, 64(2012) 655-674. https://doi.org/10.1093/oep/gps002.
  • Levine, Rose-Renelt, David. “A sensitivity analysis of cross countries growth regression”. american economic review, 82 (1992) 942-963.
  • Lin, Hsin Yi. (2010). “Openness and inflation revisited. International Research Journal of Finance and Economics”. 37 (2010) 40-45.
  • Lucas, Robert E. “On the mechanic of economic development”. Journal of Monetary Economics 46 (1988) 167–82.
  • Mah, Jai Sheen. “The impact of globalization on income distribution: the Korean experience”, Applied Economics Letters, 9 (2015): 121-165.
  • Newfarmer, Richard-Monika Sztajerowska. “Trade and Employment in Fast-Changing World”. In Policy Priorities for International Trade and Jobs. Edited by Douglas Lippoldt. Paris: OECD (2012), 7–73.
  • Olusegun, Omisakin. “ Foreign Direct Investment, Trade Openness and Growth in Nigeria”. Journal of Economics Theory 3 (2009) 13-18.
  • Pesaran, M. Hashem - Ullah, Aman - Yamagata, Takashi. “A Bias-Adjusted LM Test of Error Cross-Section İndependence”. Econometrics Journal, 11(2008), 105-127.
  • Pesaran, M. Hashem. “A Simple Panel Unit Root Test in the Presence of Cross Section Dependence”. Journal of Applied Econometrics, 22 (2007), 265-312.
  • Pesaran, M. Hashem. “Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure”. Econometrica Journal of the Econometric Society, 74 (2006), 967-1012.
  • Pesaran, M. Hashem. “General Diagnostic Tests for Cross Section Dependence in Panels”. IZA Discussion Paper Series, (2006) No:1240, 1-39.
  • Popescu, Nicu. “Eurasian Union: the real, the imaginary and the likely”. Chaillot paper, (2014). No. 132.
  • Redding, Stephen. “Dynamic comparative advantage and the welfare effects of trade”. Oxford Economic Papers 51(1999) 15–39.
  • Reza, Ahmadi- Nazila, Mohebb. “Trade openness and economic growth in Iran”. Department of management, hidaj branch, Islamic Azad University (2012) 2090-4304.
  • Sachs, Jeffrey. D. and Warner. Andrew. M. “Economic reform and the process of global integration”. Brookings Papers on Economic Activity, (1995) 1-118.
  • Şeyma, Yılmaz- Ergin Uzgören. “ Türkiye’de ticari açıklık ve ekonomik büyüme ilişkisinin Cobb-Douglas üretim fonksiyonu çerçevesinde analizi”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, 68, (2021) 49-72.
  • Singh, Tarlok. “Does international trade cause economic growth? A survey”. The World Economy 33(2010) 1517–64.
  • Soltani, H. - Ochi, A - Zaghdoudi, T - Saidi, Y. (2013), “Trade openness and economic growth: The case of Tunisia”, International Journal of Advances in Management and Economics, 2(2) (2013) 24-32.
  • Thomas Gries, Margarete Redlin. “Trade openness and economic rowth: A panel causality Analysis”. University of Paderborn, Germany (2012) 2011-06.
  • Trejos, Sandra - Gustavo Barboza. “Dynamic estimation of the relationship between trade openness and output growth in Asia”. Journal of Asian Economics 36(2015)110–25.
  • Ulaşan, Bülent. “Trade openness and economic growth: Panel evidence”. Applied Economics Letters 22 (2015) 163–67.
  • Van der Togt, Tony. “From Competition to compatibility. striking a Eurasian balance in EU-Russia relations”. Netherlands Institute of International Relations.
  • Vinokurov, Tsukarev. “Agenda for the EEU Economy”. Valdai Papers 25 (2015). 1-15. https://ssrn.com/abstract=2741016
  • Young, Alwayn. “Learning by doing and the dynamic effects of international trade”. The Quarterly Journal of Economics 106 (1991) 369–405.
  • Zahonogo, Pam. “Trade and economic growth in developing countries: Evidence from sub-Saharan Africa”. Journal of African Trade 3 (2016) 41–56.
  • Büyükakın, Figen – Jallow, Lamarana. “Ticari Açıklık ile Ekonomik Büyüme Arasındaki İlişkinin Değerlendirilmesi: Gambiya Örneği”. Iğdır Üniversitesi Sosyal Bilimler Dergisi, (2019) 441-474.
  • Musila, Jacob.W- Yiheyis, Zelealem. “The Impact of Trade Openness on Growth: The Case of Kenya”. Elsevier, Journal of Policy Modeling, 37 (2015) 342–354.
  • Ali, Wajahat- Abdullah, Arzai. “The Impact of Trade Openness on Economic Growth of Pakistan: 1980-2010”. Global Business and Management Research: An International Journal, 7(2) (2015) 120-129.
There are 42 citations in total.

Details

Primary Language Turkish
Subjects Economics
Journal Section Research Articles
Authors

İbrahim Halil Sugözü 0000-0002-1861-3118

Sayed Abdullah Omer This is me

Publication Date October 30, 2022
Published in Issue Year 2022 Volume: 3 Issue: 2

Cite

APA Sugözü, İ. H., & Omer, S. A. (2022). Ticari Açıklık ve Ekonomik Büyüme İlişkisi: 11 Avrasya Ülkesi İçin Panel Veri Analizi. ESAM Ekonomik Ve Sosyal Araştırmalar Dergisi, 3(2), 295-311. https://doi.org/10.53662/esamdergisi.1172401