The Export-Led Growth Hypothesis suggests that the direction of causal relationship between exports and growth is from exports to growth. Studies on Export-Led Growth Hypothesis in the growth literature have frequently presented evidences at the aggregate level. The number of the studies at the disaggregate level are relatively limited. Inspired from this point, 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 arised herein are estimated using Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) estimators in which quarterly data are gathered for eight sectors. Aggregated findings indicate the validity of Export-Led Growth Hypothesis in Turkey. Disaggregated evidences, on the other hand, reveal the validity of Export-Led Growth Hypothesis in six sectors.
the exportled growth hypothesis level is that the direction of causal relationship between stones and growth is from concentrated to growth studies on exportled growth hypothesis in the growth synaggregate level of the aggregate level of the number of the studies at the disaggregate level are relatively limited to sixinspired from this point the aim of this study is to examine the impact of sectoral arbitration on economic growth turkey over the period 20002015 to this end empirical models arised herein are forecast using completely modified squares in ordinary squares in the framework of data
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|